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Apache Hit By Egyptian Permit Delays
...eper plays a particular focus. Apache President Rodney Eichler told a conference call to mark the company’s 2012 results last week that the company expects this extensive drilling program to translate into “slightly higher” Egyptian gross output for 2013. For 2014 two new Egyptian projects ar...
Volume: 56Issue: 09Published at Fri, 01 Mar 2013 -
KRG Operators Drill On Despite Lack Of Oil Deal
...12). By contrast a genuine export breakthrough early in the year would galvanize a whole group of operators that have made commercial discoveries to fast-track development. The major production surges would only be seen in 2014 and 2015, but nevertheless, significant gains could still be made by en...
Volume: 56Issue: 09Published at Fri, 01 Mar 2013 -
UAE NGL Projects To Boost Exports, Borouge Capacity
...om Ruwais 4 will feed the Borouge 3 petrochemical plant where a planned 1.5mn t/y ethylene cracker will lift the partially state-owned firm’s total ethylene capacity to 3.6mn t/y. It is expected to be completed in 2014, in line with the Shah ultra sour gas field – which will be a source of fe...
Volume: 56Issue: 09Published at Fri, 01 Mar 2013 -
Gulf Petrochem Inaugurates Fujairah Product Storage
...pass pipeline – which is currently operating at minimal capacity – will strengthen Fujairah’s role as a global energy hub. Liquid hydrocarbons storage at Fujairah is expected to double to over 10mn cu ms by the end of 2014, from nearly 5mn cu ms at the end of 2012....
Volume: 56Issue: 09Published at Fri, 01 Mar 2013 -
Aramco Lines Up Samsung For Riyadh Clean Fuels Projects
...amco/Sinopec) Yanbu' New 400,000 b/d plant due on-stream 2014 Saudi Aramco Jazan New 400,000 b/d plant due on-stream 2016 Saudi Aramco Ras Ta...
Volume: 56Issue: 09Published at Fri, 01 Mar 2013 -
Iran Shuts Down Bushehr Nuclear Plant, Progressing Arak
...at fuel rods are ready to be transferred to the site. He said Iran will begin operating the facility in the next Iranian year (20 March 2013 – 20 March 2014). However, Washington’s Institute for Science and International Security (ISIS) maintains this schedule is not realistic (MEES, 23 November 20...
Volume: 56Issue: 09Published at Fri, 01 Mar 2013 -
GCC Aid Flows To Bahrain And Morocco
...0bn) in 2014. And Bahrain needs an oil price of $122/B for 2013 and $126/B for 2014, higher than the budget’s $90/B oil price assumption, the Undersecretary of the Bahrain Ministry of Finance, ‘Arif Khamis, said in November when the budget was first announced (MEES, 23 November 2012). Ba...
Volume: 56Issue: 09Published at Fri, 01 Mar 2013 -
Algerian Gas Faces Three Challenges
...e Galsi pipeline which was due to be built to carry gas directly to north western Italy is on hold – it was planned to be operational in 2014 but its financing is not yet decided. The decline in European need for more gas and the ample room for more throughput in the two pipelines which carry Al...
Volume: 56Issue: 09Published at Fri, 01 Mar 2013