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EMAL Awards Generator Contracts To GE
...e end of 2014. The expansion is expected to cost $4.5bn, and will make EMAL one of the largest single-site producers of primary aluminium in the world (MEES, 1 August 2011). EMAL is a 50:50 joint venture between the Abu Dhabi government investment and development company, Mubadala, and Dubai Al...
Volume: 56Issue: 11Published at Fri, 15 Mar 2013 -
North African Energy Producers Face Growing Challenges
...d is focusing on the 2014 presidential elections, and particularly on the question of which candidates will run against ailing President Abdelaziz Bouteflika. Nonetheless, however hard the Algerian energy authorities try to put the In Amenas attack behind them, the incident has tarnished the co...
Volume: 56Issue: 11Published at Fri, 15 Mar 2013 -
IMF: Libyan Economy Growing But Challenges Remain
...owth in the non-hydrocarbon sector in 2014. Inflation fell to 6% in 2012 and a further decline is expected in 2013. As for the financial sector the situation began to normalize after most of the UN sanctions that had frozen Libya’s foreign assets were lifted on 16 December 2011. This allowed th...
Volume: 56Issue: 11Published at Fri, 15 Mar 2013 -
Korean Group Wins Abu Dhabi Oil Deal As ADCO Concession Nears Expiry
...ports. The concession for the ADCO consortium – ADNOC (60%), Shell, Total, BP and ExxonMobil (9.5% each) and Portugal’s Partex (2%) – will expire in January 2014. An international oil company (IOC) official, whose firm plans to compete when the ADCO concession ends, tells MEES about the Korean deal: “I su...
Volume: 55Issue: 11Published at Mon, 12 Mar 2012 -
Bidder Opts Out Of Contest For Oman’s 2GW Sur IPP
...ll commissioning is expected ahead of the 2014 summer peak demand. OPWP issued its request for proposal (RFP) for the plant last October (MEES, 4 October 2010)....
Volume: 54Issue: 11Published at Mon, 14 Mar 2011 -
Scaroni Proposes Partial Combination Of South Stream And Nabucco Pipelines
...ring 2009, 34.5mn tons of crude was lifted from the terminal. CPC shareholders agreed earlier this year to more than double the pipeline’s transport capacity to 67mn tons/year (1.34mn b/d). The expansion project is to be complete by 2014. Poland’s Petrolinvest on 9 March announced that the European Ba...
Volume: 53Issue: 11Published at Mon, 15 Mar 2010 -
Export Options Considered For Barzan In Addition To Domestic Supply
...presenting the last of the Qatari projects conceived before the North Field moratorium was implemented, was originally planned for 2012 start-up, but that date has now slipped to 2014 (MEES, 14 December 2009). While some figures for capital costs have been floated, putting it in the $6-7bn range, the in...
Volume: 53Issue: 11Published at Mon, 15 Mar 2010 -
Turkey Ratifies Nabucco Intergovernmental Agreement
...nal investment decision on the €7.9bn project, designed to carry 31 bcm/year of gas into East and Central Europe. Construction is to begin in 2011 and first gas from the Caspian region should pass through the pipeline in 2014-15. Turkey’s prolonged negotiations with Azerbaijan over the price of gas th...
Volume: 53Issue: 11Published at Mon, 15 Mar 2010