- Sort by:
- Score
- Published ▼
-
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 -
GE To Supply Turbo Compressors For El-Merk Processing Plant
...th turbo compression equipment for Groupement Berkine’s El-Merk central processing facility (CPF) in Algeria, GE said on 26 April. The facility, located in the Berkine Basin, is expected to start production in late 2011, and will serve as a production hub for the region, handling hydrocarbons from Bl...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
Nabucco Launches Prequalification Process For Long Lead Items
...nsortium plans to make a final investment decision on the €7.9bn project during the fourth quarter of this year. Construction is scheduled to begin at the end of 2011 and first flow is due in 2014 with an initial throughput of 8-10 bcm/year. Full capacity of 31 bcm/y is expected to be reached in 2018. A st...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
Turkey And Azerbaijan Reach Agreement On Gas Purchase And Transit
...secure gas shipments from Iran across Turkey, Greece, Albania and the Adriatic Sea to Italy (MEES, 29 March, 22 March). Meanwhile, Russia’s Gazprom has arranged with Azerbaijan to purchase 1 bcm in 2010 and 2 bcm in 2011. The Russian monopoly has offered to purchase all Shah Deniz Stage 2 ou...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
Dragon Arranges Short-Term Crude Swap With Iran, Seeks Longer Arrangement
...second quarter 2011. Kashagan is to come on-stream in 2012-13. Germany’s E.ON Ruhrgas has submitted to Socar a plan for the modernization of the gas infrastructure in the Baku and Absheron regions of Azerbaijan. An announcement posted on Socar’s website on 27 April said the upgrading, es...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
ERC Seeks Remaining Funding For Musturud Refinery
...grading is being implemented as a lump sum turnkey (LSTK) contract. Completion is planned for 2014. It had originally been scheduled for 2011, and costs were pegged at $2.25bn (MEES, 30 June 2008). But the project financing for the refinery was slowed down by the financial crisis, and underwent al...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
Saudi Arabia Set To Become Major Player In Global Aluminum, Says NCB
...d Western Europe will take a number of years to reach pre-downturn levels. China, India and the Middle East will also account for around 97% of the 7.9mn tons/year global capacity increase anticipated in 2010 and 2011. GCC is forecast to produce 3.5mn t/y of primary aluminum by the end of 2010, re...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
Nakheel Signs Agreements With Trade Creditors
...34.4bn ($9.37bn) on 21 April, with provisioning levels for non-performing loans rising by 2.4% from February to March. The National Central Cooling Company (Tabreed), an Abu Dhabi-based, Dubai-listed refrigeration and cooling company, has meanwhile delayed its payment on an DH1.7bn ($460mn) sukuk due in 2011...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
Political Comment (3 May 2010)
...shir's National Congress Party to steer the country towards the ultimate goal of the 2005 Comprehensive Peace Agreement that ended more than 20 years of civil war, the January 2011 referendum on independence for the south of the country. Charles Snow...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
European Spot Gas Prices: A GECF Challenge
...cisions. The same circumstances will continue in 2010 and likely also in 2011. By end-2010 uncommitted LNG quantities are likely to total some 27 bcm of pipeline quality gas, a number that has been reduced by 15 bcm since the beginning of 2010 due to further delays in the start-up of some new LNG trains. Fi...
Volume: 53Issue: 18Published at Mon, 03 May 2010