1. Baghdad Refocuses Oil Industry Priorities

    ...rgets has been postponed, but nevertheless Baghdad is still pushing hard for near-term growth, aiming for average 2013 crude exports of 2.9mn b/d, up almost 600,000 b/d on last year, and it is targeting 2014 output of 4.5mn b/d, compared to just over 3mn b/d last year.  Iraq added significant pr...

    Volume: 56
    Issue: 13
    Published at Fri, 29 Mar 2013
  2. ‘New Eni’ Reduces North African Exposure

    ...0 600 >90%   CAFC Gas* Algeria 13-Mar 5 * 70 >90%   Wafa Compression Libya 2014 60 37 460 47...

    Volume: 56
    Issue: 13
    Published at Fri, 29 Mar 2013
  3. Benchmark Crudes, Saudi Arabia - Economic Data & Saudi Arabia Export Revenue

    ...erage settlement prices for period in question   Saudi Arabia - Economic Data   2014** 2013** 2012E 2011p 2010 2009 2008 2007 Nominal GDP $bn* 794.3 773 744 57...

    Volume: 56
    Issue: 13
    Published at Fri, 29 Mar 2013
  4. ADNOC Shipping Arm Looks East For Profits

    ...12). Additionally, 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 (MEES, 1 March).   Storage expansion plans include a 1.125mn cu ms facility being built by Singapore-based Concord Energy and China’s Si...

    Volume: 56
    Issue: 13
    Published at Fri, 29 Mar 2013
  5. MENA Refiners Mull New Projects Amid Major Expansion Program

    ...e Ruwais plant a 417,000 b/d refinery that is due to start up in 2014. Takreer is also building a carbon black and delayed coker plant at Ruwais, with completion scheduled for December 2015 (MEES, 9 November 2012). Meanwhile, UAE government investment vehicle International Petroleum Investment Co...

    Volume: 56
    Issue: 13
    Published at Fri, 29 Mar 2013
  6. UAE Makes Progress On Nuclear Plant, Iran’s Bushehr Off-Line

    ...actors. FANR issued construction licenses for Units 1 and 2 in July 2012, and first concrete for Barakah-1 was poured shortly afterwards. ENEC plans to apply for an operating license for Unit 1 in 2015 and will pour concrete for Unit 2 in mid-2013.   Delivery of fuel for Barakah-1 will begin in 2014...

    Volume: 56
    Issue: 13
    Published at Fri, 29 Mar 2013