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Libya’s Exploration Drive Falters
...ogram to Libya’s National Oil Corporation (NOC) in November, which if approved, could bring some of these discoveries on-stream by 2011 at an initial rate of 50,000 b/d of oil and 50mn cfd of gas (MEES, 15 December 2008). But the block, which Verenex acquired in the first EPSA-4 bid round, is in the Gh...
Volume: 52Issue: 06Published at Mon, 09 Feb 2009 -
Iran’s External Debt Fell To $23.3Bn By September 2008
...yments in the following four years: Year Debt Repayment ($Bn) 1387 (2008-09) 6.722 1388 (2009-10) 5.126 1389 (2010-11) 2.561 1390 (2011-12) 2.120 1391 (2012-13) onwards 6.775 Th...
Volume: 52Issue: 06Published at Mon, 09 Feb 2009 -
Saudi Fransi Finances Steel Project
...mpany has a paid-up capital of SR450mn ($120mn) and the project will attract total investments of some SR1.3bn ($346.7mn). Construction of the first phase of the project will start soon and production of some 1.5mn tons of various types of steel is expected in 2011. The steel plant will be built in th...
Volume: 52Issue: 06Published at Mon, 09 Feb 2009