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Qatar Searches For New Gas As North Field Moratorium Set To Continue
...rmation, blocking gas flow. Recent development phases at South Pars have seen a dry hole and salt-water infiltration (MEES, 12 December 2011). IOCS Digging Deeper Despite the North Field moratorium, Qatar hopes to expand gas production further in a bid to meet the feedstock demands of its ambitious do...
Volume: 57Issue: 15Published at Fri, 11 Apr 2014 -
Focus Turns Back To Oil In Southern Sudanese Conflict
...s producing in January 2012, before it shut down the entirety of its crude oil production due to the dispute with Sudan over oil transit fees. The economic futures of South Sudan and its northern neighbor have remained inextricably linked despite their July 2011 break up – especially their oil in...
Volume: 57Issue: 15Published at Fri, 11 Apr 2014 -
Qatar Starts Work On Second Ras Laffan Condensate Refinery
...0 2011 Total current products output capacity 457 End-2016 Capacity 603 At Ras Laffan Except *Mesaieed. ^2001 For Cond Splitter. Ras Laffan 2 Products Ou...
Volume: 57Issue: 15Published at Fri, 11 Apr 2014 -
OPEC Output Slides In March On Iraqi, African Outages
...bruary (see table). This is the largest monthly fall since March 2011, when the civil war knocked 1.1mn b/d off Libyan output. The March fall tallies with the latest data from London-based tanker tracker Oil Movements, which put OPEC sailings at around 23.8mn b/d for the four weeks ending 22 March, a ma...
Volume: 57Issue: 15Published at Fri, 11 Apr 2014 -
Total Reorganizes E&P Operations, Merges Mideast And North Africa
...0,000 b/d. The company has submitted bids for either a 5% or 10% stake in a new concession, but no decision is expected from current operator ADNOC before early 2015. Total, which has targeted production growth of 3% between 2011 and 2015, assuming an average oil price of $100/B for benchmark grade Br...
Volume: 57Issue: 15Published at Fri, 11 Apr 2014 -
Iran Braces For 20-30% Utility Price Hikes
...ify the system eventually failed. IMF: Challenges Ahead The IMF, in its first overview of the Iranian economy since late 2011, says Iran’s near term economic outlook remains subject to downside risks. Progress of recent decades in raising income and living standards stalled as both domestic po...
Volume: 57Issue: 15Published at Fri, 11 Apr 2014 -
Turkey: A Hub In The EU’s Future Gas Supply Architecture?
...ason, Azerbaijan sped up the process and rapidly conceptualized the TANAP project to carry future Shah Deniz Phase II gas to Turkey. In December 2011 Azerbaijan and Turkey signed an MOU to establish a consortium to build and operate the pipeline. This initial step was followed by a binding in...
Volume: 57Issue: 15Published at Fri, 11 Apr 2014 -
Benchmark Crude Prices ($/B)
...13 2012 2011 WTI 103.40 100.47 100.40 100.48 100.68 98.56 97.54 98...
Volume: 57Issue: 15Published at Fri, 11 Apr 2014