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Turkey: A Hub In The EU’s Future Gas Supply Architecture?
...ason, Azerbaijan sped up the process and rapidly conceptualized the TANAP project to carry future Shah Deniz Phase II gas to Turkey. In December 2011 Azerbaijan and Turkey signed an MOU to establish a consortium to build and operate the pipeline. This initial step was followed by a binding in...
Volume: 57Issue: 15Published at Fri, 11 Apr 2014 -
Upstream Costs – Do They Justify High Oil Price?
...2007and $111.3/B in 2011 – having fallen back somewhat during the great recession of 2008-09 – has not been a consequence of the rise in production costs and these costs do not support the current oil price levels. Even if the cost of production had reached $100/B, one cannot apply to the oil ma...
Volume: 56Issue: 15Published at Fri, 12 Apr 2013 -
Looking Beyond Petroleum: A Stronger Case For Economic Diversification In MENA Region
...ices 2005 Avg Base Price Expected Annual Escalation Annual Escalation Needed To Unify ($/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