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MENA Security Deterioration Sounds Oil Investment Alarm
...dley, said on 30 April. “We don’t expect significant production from [the newly-developed] In Saleh southern fields in 2014,” he added. ...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
Analysis: Aramco’s Overseas Refining And Product Marketing Strategy
...in late 2014. Aramco Trading also sells refined products that Aramco marketing is unable to, due to factors such as lack of storage or a natural disaster sharply cutting demand. Aramco Trading does not sell LPG or crude, which is still done by Aramco marketing, but unlike Aramco ma...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
Iranian Parliament Approves $20Bn Oil And Gas Bonds
...tween the latter and the government remains unresolved and many deputies believe it should be postponed till 2014. With the official inflation rate topping 31.5% in the year ending 20 March 2013, and independently believed to be double that or even higher, implementation of the second phase of th...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
KACARE Outlines Saudi Electricity Energy Source Scenario
...rst Saudi nuclear power plant, which envisaged: procurement during 2013-15 and final vendor selection at end-2015; detailed design in 2014-17; non-nuclear construction during 2016-21; nuclear construction from mid-2016 to mid-2021; fuel loading in mid-2021; and commercial operation at en...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
SEC Awards PP13/14 Management Contract To WorleyParsons
...cle gas turbine (CCGT) power plants. The plants will each have 1.65gw generating capacity. Engineering, procurement and construction (EPC) contracts for PP13 and PP14 are expected to be tendered in 2014, with a view to start-up in 2017. WorleyParsons said the EPCM scope of work in...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
IMF: Diversification Key For Sudan With Oil Revenues Imminent
...thorities have taken some useful measures thus far, but they have to do more,” Mr Jenkins said. “We are quite encouraged by the oil revenue agreement. It will bring, we believe, just under $500mn to Sudan this year, and around $1.5bn in 2014,” he said on the basis that the IMF sees South Sudan ramping up it...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
MENA Power Sector: Catching Up… But Far From There Yet
...owth of 8.4% for the period 2014-18. Such a growth would likely be higher if derived from the ratio of capacity growth to GDP growth of 2 noted earlier. Conversely, capacity growth would surely be lower if demand-side management (DSM) was adopted more decisively and electricity tariff subsidies phased ou...
Volume: 56Issue: 18Published at Fri, 03 May 2013