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Abu Dhabi Power Sector’s Gas Needs Dwindle
...ergy plants” (MEES, 20 January). As a result, thermal power plants generated just 71.5TWh in 2022, the lowest annual figure since 2014’s 70.6TWh. Moreover, upgrades to this fleet of power plants means that more electricity can be generated with less gas than in 2014. Gas consumption dropped to an 11...
Volume: 66Issue: 07Published at Fri, 17 Feb 2023 -
Upstream Gains Drive Taqa Revenue Boost
...venue gains came from Taqa’s smallest segment – the upstream sector. Upstream revenues jumped by 77% year-on-year to $2.02bn as the oil market rapidly recovered from 2020’s Covid-hit lows. Indeed, after dropping to 13-year lows in 2020 they bounced back to hit the $2bn mark for the first time since 2014...
Volume: 65Issue: 07Published at Fri, 18 Feb 2022 -
Tunisia Draws Record Power From Algeria In 2021
...WER SUPPLY JUMPS TO ALL TIME HIGH ON RECORD IMPORTS FROM ALGERIA (TWH) *TUNISIA EXPORTED NEGLIGIBLE AMOUNTS TO ALGERIA IN 2011, 2014 AND 2015. IT ALSO EXPORTS POWER TO LIBYA WHICH CAME IN AT 649GWH IN 2020 AND 62GWH IN 2021. SOURCE: STEG, ENERGY MINISTRY, MEES CALCULATIONS. 2: TU...
Volume: 65Issue: 07Published at Fri, 18 Feb 2022 -
Iraq’s Contentious Politicking Stymies Critical Electricity Ministry Reform
...mpany’s (BGC: South Gas Company 51%, Shell 44%, Mitsubishi 5%) progress on the gas front will help ameliorate fuel supply concerns. Power shortages had long been a perennial problem for Iraq. And then, as Mr Khatteeb notes, the Islamic State insurgency took another 4.5GW off the grid from 2014. Stalled pr...
Volume: 62Issue: 07Published at Fri, 15 Feb 2019 -
‘We Have Very Little Time’: MEES Sits Down With Iraq’s Electricity Minister
...eld in western Iraq where the company [Korea’s Kogas] declared force majeure (MEES, 20 June 2014). The last thing we want to do is build a power station with no fuel supply. Another delayed project in Salahuddin held back 1.2GW. All these projects require about 18 months to complete, and would th...
Volume: 62Issue: 07Published at Fri, 15 Feb 2019 -
Dewa Awards Gas-Fired Power Project
...tensive LNG export commitments – around 90% goes to Japan, which took 4.68mn tons in 2017 down from 4.99mn t in 2016 and a record 5.70mn t in 2014 (see chart, MEES, 16 February). This means that the UAE only achieves gas balance by importing 1.7bn cfd via the Dolphin pipeline from Qatar to Abu Dhabi as...
Volume: 61Issue: 07Published at Fri, 16 Feb 2018 -
Hyundai Awards Subcontracts For Abu Dhabi’s Mirfa
...rfa IWPP project in Abu Dhabi. Hyundai E&C, Hyundai Engineering and Italy’s Ansaldo are building the plant for Mirfa IWPP partners Abu Dhabi Water and Electricity Company (ADWEC) and France’s GDF Suez, under a $988mn EPC contract (MEES, 11 July 2014). Atkins will provide civil design review an...
Volume: 58Issue: 07Published at Fri, 13 Feb 2015 -
Algerian Electricity: Ambitious Plans Vs Tricky Reality
...e state obliged to recapitalize these companies regularly.” Despite the constraint on earnings, Mr Boutarfa says that investment in generating capacity, transmission and distribution will enable Sonelgaz to “pass easily” anticipated 2014 peak summer demand of 12.5GW. Sonelgaz says Algerian ge...
Volume: 57Issue: 07Published at Fri, 14 Feb 2014 -
Renewables To Spearhead Multi-Billion Dollar Moroccan Capacity Drive
...ogram 2011-20 (mw) Installed Capacity 2012-14 Additions 2014-20 Additions Project Capacity Project Capacity Pr...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013