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Omani Gas, Power Sector At The Crossroads
...e project will set a new price range the government is prepared to pay gas producers to attract upstream investment. It is due to start up in the first half of 2017 – further slippage on a project that was originally scheduled to produce 1bn cfd in 2014. Under the January 2007 deal, BP agreed to la...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
MENA Steps Up Desalination Capacity Expansion
...M joint venture with King ‘Abd al-‘Aziz City for Science and Technology (KACST). The plant is expected to provide up to 30,000 cmd of drinking water and is due online in 2014 as part of a national initiative to build several solar powered desalination plants. IDA says the largest thermal de...
Volume: 56Issue: 05Published at Fri, 01 Feb 2013 -
Aramco Sells Crude To Power Stations At $4.50/B
...in 2014. Their wellhead production can be boosted to 3.05bn cfd in peak summer demand months, giving 2.135bn cfd of sales gas. Wasit is part of Aramco’s plans to increase output of Saudi raw gas to 15.5bn cfd in 2015. Alternative power will not have a major impact on gas displacement in the short term....
Volume: 56Issue: 05Published at Fri, 01 Feb 2013