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RWE Opens Office In Ashgabat, Moves Ahead With Offshore Block 23
...ll run 1,220km through the Baltic Sea to Griefswald, Germany. The dual pipeline will ultimately carry 55 bcm/year of gas. The first pipeline will carry 27.5 bcm/y beginning September 2011. The second pipeline will come into operation in October 2012 with the same volume. Gazprom holds 51%, Germany’s E....
Volume: 53Issue: 16Published at Mon, 19 Apr 2010 -
South Pars Output Up 28% Last Year
...te of 60%” by March 2011. He said that $1.6bn had been spent so far in taking the project to 30% of completion. South Pars 12 development is expected to cost $7.5bn. Design capacity is 78mn cmd of gas and 120,000 b/d of condensates....
Volume: 53Issue: 16Published at Mon, 19 Apr 2010 -
Jordan Signs $52Mn Loan With SFD
...pacity of 142mw each, due to come on line in early 2011. The loan will carry interest at 2% is repayable in 30 semi-annual installments after a grace period of five years. Last month the Kuwait Fund for Arab Economic Development (KFAED) agreed to provide KD15mn ($52mn) to Jordan to finance the Samra po...
Volume: 53Issue: 16Published at Mon, 19 Apr 2010 -
Block 24 Oil Production Due To Start This Month
...rch). Elsewhere in Block 9, Loon Lattakia (a subsidiary of Kulczyk Oil of Canada) plans to start drilling in 2011, the company’s vice-president for operations and engineering Edwin Bearman, told The Syria Report. “We will finish the 3D seismic survey by the end of next month. Depending on the findings of...
Volume: 53Issue: 16Published at Mon, 19 Apr 2010 -
Condensate Expansion East Of Suez Boosted By Increased Gas Development
...tlook, 2010-15 ('000 B/D) 2010 2011 2012 2013 2014 2015 Iran 624 686 729 783 807 873 Iraq 92 142 167 219 285 319 Kuwait 87 92 105 110 114 11...
Volume: 53Issue: 16Published at Mon, 19 Apr 2010 -
Concluding Statement Of The 12th International Energy Forum
...oking forward to the second NOC-IOC Forum in 2011, it was suggested to attempt to draw up IEF general principles or guidelines on NOC-IOC cooperation, based on best practices around the world, as a possible concrete tool to facilitate this cooperation. Where uncertainty is caused by industry’s pro-cy...
Volume: 53Issue: 16Published at Mon, 19 Apr 2010