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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 -
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
...ansport 31 bcm/year of Caspian/Middle East gas to Europe, beginning in 2014. Also competing for Shah Deniz Stage 2 gas are the interconnector pipeline systems – Interconnector-Turkey-Greece-Italy (ITGI) and Interconnector-Greece-Bulgaria (IGB) and the Trans Adriatic Pipeline (TAP), which is also looking to...
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 -
Al Bou Kamal Producing 1,000 B/D From South Kishma
...000 b/d of crude from the South Kishma oil field in Block 27, the Syrian official news agency SANA reported on 25 April. The company plans to raise production capacity to 5,000 b/d by 2014. Both the South Kishma-101 and South Kishma-2 wells are nearing completion, and a total of eight wells are scheduled fo...
Volume: 53Issue: 18Published at Mon, 03 May 2010