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Russia’s Transneft Claims Bulgaria Delaying Burgas-Alexandroupolis Pipeline Project
...to operation 2010, but that date has been moved back to an unlikely 2011. Last February, Russian Foreign Minister Sergei Lavrov called for the Bulgarian government to provide a concrete statement on whether it was interested in building the pipeline (MEES, 1 March, 22 February). Bulgaria is re...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010 -
Russia To Deliver Second Batch Of Fuel Rods To Bushehr Plant In 2011
...Middle East Economic Survey VOL. LIII No 15 12-April-2010 IRAN Russia To Deliver Second Batch Of Fuel Rods To Bushehr Plant In 2011 Yury Olenin, President of Russia’s state-owned nuclear fu...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010 -
Laffan Condensate Refinery Inaugurated, Expansion Work Expected In 2011
...Middle East Economic Survey VOL. LIII No 15 12-April-2010 QATAR Laffan Condensate Refinery Inaugurated, Expansion Work Expected In 2011 The Laffan Refinery, the first condensate pr...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010 -
SABIC And Celanese Sign Agreement For $400Mn POA Plant
...dustrial city, with construction expected to begin in 2011. “The new facility will boost SABIC’s position in the performance chemicals industry as an important part of its 2020 strategic plan,” SABIC said. The facility is expected to come on stream by 2013, and use methanol feedstock produced by IBN SINA. PO...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010 -
Saudi Inflation Rate Expected To Stabilize In 2010, Says Samba
...ough excess capacity in the global economy to suggest that inflation among Saudi Arabia’s trading partners will remain weak for the next year at least. Samba expects consumer price inflation to hold at an average 4.5% in 2010, before gathering pace to 5% in 2011-12. Sharp increases in prices will be ge...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010 -
Political Comment (12 April 2010)
...ferendum on independence in the south in January 2011 ‒ remains to be seen. Netanyahu Pulls Out Of NSS At the signature of the START 2 treaty in Prague on 8 April, US President Barack Obama was at pains to emphasize "America's commitment to the nuclear Non-Proliferation Treaty (NPT) as a cornerstone of ou...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010 -
Sonatrach Signs Gas Supply Agreement With Second Arzew Fertilizer Joint Venture
...trochemical sector, after Sonatrach signed a similar agreement with Egypt’s Orascom Construction Industries (OCI) in February to supply a fertilizer plant also being built at Arzew with 1.7 bcm/y of natural gas over a 20-year period, from 2011. But there are doubts about whether Sonatrach will have enough ga...
Volume: 52Issue: 15Published at Mon, 13 Apr 2009 -
Saudi Aramco Looks To Implement PETRORabigh II Amid Downstream Go-Slow
...raxylene feedstock from the aromatics complex. A propylene unit will utilize ethylene and a mixed C4 stream, and will also supply the derivatives units. Once the project gets final approval, construction should begin in 2011 with start-up due in 2014....
Volume: 52Issue: 15Published at Mon, 13 Apr 2009 -
Oman Plans To Seek JV Partner For $10-13Bn Al-Duqm Refinery Project
...ach, given that from 2011 onwards the company will be using enhanced oil recovery (EOR) techniques, with this reaching almost a third of production in 2016 (with primary and secondary also roughly a third apiece). Original targets were for 2011 crude output of 600,000 b/d (MEES, 28 January), but PDO sa...
Volume: 51Issue: 15Published at Mon, 14 Apr 2008 -
Kazakhstan Prepares To Boost Trans-Caspian Crude Shipments
...om Kazakhstan put the cost at $3bn with start-up targeted by 2011 to coincide with the Kashagan oilfield coming on-stream. (See Caspian Sea Region Pipelines, MEES, 17 March, page 23). Subsea Pipeline Option? KazMunaiGaz announced in November 2006 that it would pursue developing the export route at...
Volume: 51Issue: 15Published at Mon, 14 Apr 2008 -
UK-Led Consortium Wins $115mn Tipaza Desalination Contract
...pacity by 2011. The Spanish firm Befesa won a $219mn contract to build a 200,000 cmd plant at Ténès, 200km west of Algiers on 2 April, and the bidding for another 150,000 cmd plant at El-Tarf was due to be opened last week (MEES, 7 April)....
Volume: 51Issue: 15Published at Mon, 14 Apr 2008 -
Italy’s Enel Signs Gas Cooperation Deal With EGAS
...G regasification terminal at Porto Empedocle in Sicily, with a capacity of 8 bcm/y, that is due to enter service in 2011, and which would be a natural destination for the Egyptian gas. Also included in the agreement is the possibility of Enel buying into one or more gas fields in Egypt, and ta...
Volume: 51Issue: 15Published at Mon, 14 Apr 2008 -
Nematzadeh Outlines Iran’s Refinery Expansion Program
...ndar Abbas 360,000 b/d 2011 Condensate refinery Hormuz Bandar Abbas 300,000 b/d 2011 Heavy oil refinery Khuzestan Abadan 180,000 b/d 2011 Feedstock fr...
Volume: 51Issue: 15Published at Mon, 14 Apr 2008 -
Ras Laffan C IWPP Seeks Bank Participation In Qatari Club-Style Financing
...eds. It will produce 2,700mw of power and 63mn gallons/day of water, supplying the country with about one third of its estimated 9,000mw power needs by 2011....
Volume: 51Issue: 15Published at Mon, 14 Apr 2008 -
Looking Beyond Petroleum: A Stronger Case For Economic Diversification In MENA Region
...ices 2005 Avg Base Price Expected Annual Escalation Annual Escalation Needed To Unify ($/Mn BTU) During 2007-11 (%) Prices to $1.50/Mn BTU In 2011 (%) Algeria 0.65 3.0 18.2 Egypt 1....
Volume: 50Issue: 15Published at Mon, 09 Apr 2007 -
Technical Bids For New 300,000 B/D Tiaret Refinery Due
...heduled to be awarded by end-July, with work beginning in 2007 and finishing in 2011. The refinery will process Saharan Blend crude and is part of Algeria’s plan to eventually double output from its current 450,000 b/d capacity. The products are to be marketed mainly in the Atlantic Basin, with some us...
Volume: 49Issue: 15Published at Mon, 10 Apr 2006 -
Turkmenistan And China Sign Gas Supply/Pipeline Agreement
...ase 2 (2006-10) covers the development of offshore fields ($12.8bn investment); Phase 3 (2011-15) will focus on control of oil and gas production ($16.8bn). Kazakhstan has identified up to 29 offshore prospects in its section of the Caspian. The European Commission has recommended th...
Volume: 49Issue: 15Published at Mon, 10 Apr 2006