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Italy’s Eni In New Tirade Against Iraq Contract
...I gravity, which ranges from a heavier 28-29° API, a recent development as new streams have come online, to 32° API, he said. After 2017, Iraq plans to export two types of crude from its southern terminals, he says. West Qurna Too Storage capacity is needed to absorb the expected 750,000 b/d of...
Volume: 57Issue: 09Published at Fri, 28 Feb 2014 -
Two-Track Iraq Mega Projects Emerge
...rough the pipeline is expected by the end of 2017 or early 2018, he said. The project is divided into two parts, the 2.25mn b/d BOOT contract and a 1mn b/d section from Haditha to ‘Aqaba to be offered as an Engineering, Procurement and Construction (EPC) contract, which Mr Ashqar said had now been ap...
Volume: 57Issue: 09Published at Fri, 28 Feb 2014 -
Saudi Arabia On Track For 26% Refining Capacity Hike This Year
...zan n/a 400 2017 End-2017 Total 3,300 *All JVS Are With Aramco. ^First 200,000 B/D Cdu Started Sep 2013, Second Due To Start Up Mid-2014. Source: Saudi Aramco, ME...
Volume: 57Issue: 09Published at Fri, 28 Feb 2014 -
Asian Buyers Influence Key Oil Benchmarks
...teoric growth in US oil output makes exports of US light sweet crude inevitable by 2017, Platts quoted him as saying on 26 February. The debate over potential exports has already begun in Washington but the proposal to open up new markets still faces still opposition from some quarters concerned about en...
Volume: 57Issue: 09Published at Fri, 28 Feb 2014 -
Petrofac Bags $1.2Bn Oman Gas Deal
...ll as an associated condensate processing system, a power generation plant, a water treatment system and other associated infrastructure. Petrofac says it will complete work on the CFP by 2017 in time for startup of Khazzan production – first gas is slated for late 2017 under the development pl...
Volume: 57Issue: 09Published at Fri, 28 Feb 2014