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Saudi Liquids Burn Falls To Four-Year Lows In Early 2021
...ar at an average of 705,000 b/d (see chart 1 and p18 for full data). Not since 2017, the first full year of operation for the 2.5bn cfd Wasit gas processing plant, has oil burn opened the year at such levels (MEES, 24 March 2017). However, as Saudi Arabia has implemented its 1mn b/d voluntary ad...
Volume: 64Issue: 16Published at Fri, 23 Apr 2021 -
Saudi Solar Gains Momentum, But Hydrocarbons Still Dominate Project Pipeline
...nstruction contracts for the PP13 and PP14 plants near Riyadh in 2015, while SEC and state petroleum firm Aramco awarded the Fadhili cogeneration project in early 2017, to provide electricity and process heat for the Fadhili gas processing plant, which started up in late 2019. The two solar projects on...
Volume: 63Issue: 16Published at Fri, 17 Apr 2020 -
Saudi Goes West With Gas-To-Power Expansion
...15’s 62.26 GW. But while peak load fell sharply to 60.83GW in 2016, it rose back to 62.12GW in 2017, highlighting the government’s struggles to curb power demand amid a rapidly growing population. Increased gas volumes, in particular of non-associated gas, have done the heavy lifting in re...
Volume: 62Issue: 16Published at Fri, 19 Apr 2019 -
Saudi Maxes Out Refineries Despite Crude Output Cuts
...Saudi crude exports as a percentage of overall production fell to the lowest level since late-2017 in February. Crude exports fell below 7mn b/d for the first time since May 2018, and as a proportion of production fell below 69% for the first time since October 2017 according to the latest Jo...
Volume: 62Issue: 16Published at Fri, 19 Apr 2019 -
Saudi Oil Exports Hit New Peak But Crude Burn Rises
...rch). Some 20% of overall products exports in January were sent to OECD Europe, with latest IEA stats showing the region took 1.58mn tons (around 400,000 b/d) in January, well above the 2017 average of 260,000 b/d. This appears to have consisted overwhelmingly, if not entirely, of middle distillates su...
Volume: 61Issue: 16Published at Fri, 20 Apr 2018 -
OMV Restarts Yemen Output
...clear if all are operational. The bulk of Yemen’s 2017 crude output (and all exports) came from Blocks 10 and 14, operated by state firm PetroMasila in the east of the country, much further away from the front line with Houthi rebels. This output of around 50,000 b/d was piped to and exported from th...
Volume: 61Issue: 16Published at Fri, 20 Apr 2018 -
Iraq Fires Up 1GW Gas-Fired Capacity But Is There Enough Gas?
...anks to an increase in wellhead output, from 2.06bn cfd in 2013 to 2.91bn cfd for the first two months of 2017, and an increase in the proportion of this gas that is captured – though over 60% of wellhead output is still flared. For 2015, the last year for which fully comprehensive data is av...
Volume: 60Issue: 16Published at Fri, 21 Apr 2017 -
Oman’s Forecasts 85% Power Demand Rise To 2021; Gas Shortage A Worry
...mbined capacity of 2.85-3.15GW (see p3). OPWP says early power from Ibri is targeted for 2018, while full power at both sites is anticipated in 2019. Also in MIS, OPWP expects to extend the power purchase contracts for 271MW Al Kamil and 427MW Barka 1 from 2017 and 2018 respectively to 2020, while re...
Volume: 58Issue: 16Published at Fri, 17 Apr 2015 -
Turkish Parliament Okays Second Nuclear Project
...proval. The Japanese/French consortium hopes to begin construction at Sinop in 2017. Turkey has also opened talks with US nuclear contractor Westinghouse and Chinese state firm SNPTC for another four-reactor nuclear project at an undisclosed location. This would have four 1.11GW units. Nuclear ca...
Volume: 58Issue: 16Published at Fri, 17 Apr 2015 -
Oman Hikes Desalination Plan In Line With Population Stats
...14, falling to 461,000 cmd in 2020. While Ghubrah is due to be decommissioned in 2018, OPWP plans to add 57,000 cmd of capacity at Barka-1 and extend the contract for the current 136,200 cmd and add the 200,000 cmd Qurayyat and 225,000 cmd Suwayq plants, due online in 2017 and 2018, respectively. Su...
Volume: 57Issue: 16Published at Fri, 18 Apr 2014