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Kuwait, Oman And Qatar Push Refinery And Condensate Splitter Projects
...nance minister what one commentator called “explosive questions” – wanting total revenue income from oil on a yearly basis from 2001 till 2011-12, and financial returns on income from 1992 until 2011-12. Political commentators are guessing at his motives and the government’s answers. Mr Sa'dun had pr...
Volume: 55Issue: 18Published at Mon, 30 Apr 2012 -
Cyprus Targets Role As Regional Energy Center
...cused on meeting that 2015 deadline. The 793mw capacity Vasilikos power plant was wrecked by a massive explosion at a nearby military base in July 2011. Since then, the Electricity Authority of Cyprus (EAC) has been working to rebuild the facility as a gas-fired plant. Cyprus Licensing Ro...
Volume: 55Issue: 18Published at Mon, 30 Apr 2012 -
Oil Producers Use Higher Crude Prices For 2012 Budgets
...last year, it did not report a 2011 price. Of the remaining five, two countries are leaving prices unchanged – Bahrain produces a budget every two years, and Algeria has stuck resolutely to the $37/B it has used since 2009. However, Algeria officially uses a market price of $90/B for accounting pu...
Volume: 55Issue: 18Published at Mon, 30 Apr 2012 -
Iraq Launches Exploration Round
...158 5.551 1.616 7.167 107.13 Q1 2011 Avg. 1.712 0.461 2.173 5.044 1.394 6....
Volume: 54Issue: 18Published at Mon, 02 May 2011 -
Surging Demand Threatens Middle East Exports
...ursaniyah (1bn cfd, 2010), Karan (1.8bn cfd, in stages during 2011-13) and the Wasit Gas Plant (2.5bn cfd, 2014), Mr Falih said. Sales gas capacity will increase from 7bn cfd to 9.3bn cfd by 2015. Ethane production capacity will rise from 800mn cfd to 1.2bn cfd, while NGL production capacity will grow from 93...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
Saudi Arabia Set For 1.55Mn B/D Capacity Surge
...have come on stream in September 2011, but MEES understands the development timetable has been extended 18 months, putting full Manifa commissioning well into 2013. Manifa output, which was earmarked to feed new high conversion refineries in the Kingdom, was to have offset declines. Saudi Ar...
Volume: 52Issue: 18Published at Mon, 04 May 2009 -
Algeria To Almost Double Refining Capacity by 2013, Says Sonatrach V-P
...habilitation of our refineries by more than 20%. It means that by 2011 we will have a capacity of 24-25mn tons/year, only by the extension. And we are also moving forward with the world scale refinery in Tiaret.” Algerian domestic oil consumption has risen sharply this decade, from just below 200,000 b/d in...
Volume: 51Issue: 18Published at Mon, 05 May 2008 -
Chinese And Gulf Companies Expand In Sudan, Amid Faltering Political Progress
...dan, a census is taking place that should pave the way for general elections next year, and for the planned referendum in 2011, which would allow the people of southern Sudan to vote on independence. The potential for the CPA to unravel remains dangerously high. Dozens were killed in skirmishes near th...
Volume: 51Issue: 18Published at Mon, 05 May 2008 -
OMV’s Iran LNG Deal Sees Supply Diversification Supersede Nuclear Diplomacy
...rminal in Croatia, in which it is a shareholder. According to OMV’s current plans, the Croatian terminal should become operational in 2011-12 and Iran, with its substantial gas reserves, could be a source of supply. The Iran agreement comes just months after OMV-led Austrian joint venture EconGas si...
Volume: 50Issue: 18Published at Mon, 30 Apr 2007 -
Demand Growth Has Changed Radically, Says Fesharaki
...avy: Limited scope. Maximum annual contribution of, say, 150,000-200,000 b/d. Nothing is better than market transparency and efficiency (futures market, eg DME, cafe standards, etc). Refining Surplus But Less Crude There is a potential refining surplus looming by 2011-13. The surplus will be cr...
Volume: 50Issue: 18Published at Mon, 30 Apr 2007 -
Qatar To Focus On Optimizing Existing Projects After 2010
...ich is provisionally due for start-up in 2011. While cost is one of the more obvious hurdles for Qatar’s decision-makers, QP’s internal debate about the longer-term strategy for gas use is also beginning to make itself felt....
Volume: 49Issue: 18Published at Mon, 01 May 2006