1. Kuwait Burns Crude, Turns To Renewables, To Meet Fuel Challenge

    ...at Kuwait “is burning large quantities of high export value fuels – 30% of the fuel mix is crude and gasoil.”   The four-year-plus delay on the 1bn cfd Jurassic northern fields gas project (MEES, 5 March), and the freezing of the planned al-Zour refinery, which won’t be ready until 2017 at th...

    Volume: 55
    Issue: 12
    Published at Mon, 19 Mar 2012
  2. Beirut Eyes LNG Import Decision, Touts Reserves

    ...e Lebanese daily al-Nahar reported on 14 March. The first tranche of the issue will mature in 2016 or 2017, while the second will run until 2026. The ministry needs to refinance maturing Eurobond debt in 2012. Lebanon remains one of the most highly indebted countries in the world with a debt/GDP ra...

    Volume: 55
    Issue: 12
    Published at Mon, 19 Mar 2012