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DEPA Looks To Link East Mediterranean Gas Discoveries With Greek Grid
...r Azerbaijan’s Shah Deniz Stage 2 gas – and also through the Interconnector Greece-Bulgaria (IGB) gas pipeline project, a 170km gas line that may be ready for operation by early 2014. While the ITGI is designed to send gas westward into Italy, the IGB is to move gas into the Balkans. The discoveries of...
Volume: 55Issue: 07Published at Mon, 13 Feb 2012 -
IMF: Economic Outlook For Qatar Favorable Despite External Risks
...owth is expected to be driven primarily by manufacturing, financial services, trade and hotels. Real hydrocarbon GDP growth however is projected to slow to 3% as LNG production remains constant on account of Qatar’s self-imposed moratorium on the development of new North Field projects until 2014 (ME...
Volume: 55Issue: 07Published at Mon, 13 Feb 2012 -
Algeria Unveils 2010 Budget With 12.9% Increase In Expenditure
...ll also focus on the domestic market. According to a recent government report the plan is expected to achieve an average growth rate of 5% over 2010-14 and to reduce unemployment to less than 10% by 2014 from 11.3% in 2008 with the creation of some 3mn new jobs. Limited Effect Of Global Financial Cr...
Volume: 53Issue: 07Published at Mon, 15 Feb 2010 -
Albu-Kamal Petroleum Company Outlines Block 27 Plans
...d drill four more wells in the second quarter. Later the company plans to drill eight production and development wells at the field and maximum production is expected to rise to 4,500-5,000 b/d by 2014. The development budget for 2010 is put at $15mn. Tatneft signed a production sharing contract (PS...
Volume: 53Issue: 07Published at Mon, 15 Feb 2010