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GEEI Green Paper Urges Quick US Action On Energy Security
...obal dependency on OPEC oil. Oil at $40/B has already led to a slowdown in new investment in Canadian oil sands and other energy projects,” the paper says. “By the time demand recovers, perhaps as late as 2010 or 2011, a supply gap may emerge which could take another five to seven years to fill. Ma...
Volume: 52Issue: 19Published at Mon, 11 May 2009 -
China To Close Small Refineries
...Middle East Economic Survey VOL. LII No 19 11-May-2009 SUPPLY/DEMAND China To Close Small Refineries China’s National Development and Reform Commission (NDRC) has announced that the government will close all refineries with capacities below 1mn tons/year (20,000 b/d) by 2011 an...
Volume: 52Issue: 19Published at Mon, 11 May 2009 -
China Approves Storage Plan For 10Mn Tons Of Refined Products
...Middle East Economic Survey VOL. LII No 19 11-May-2009 SUPPLY/DEMAND China Approves Storage Plan For 10Mn Tons Of Refined Products China has approved a plan to build by 2011 storage facilities to hold 10mn tons of refined products, Reuters reported on 6 May. The products in...
Volume: 52Issue: 19Published at Mon, 11 May 2009 -
Bulgaria And Qatar Holds Further LNG Talks, As Poland Signs Deal With Qatargas
...rkets of Bulgaria, Romania and possibly Hungary to LNG imports from the Middle East and North Africa. Bulgaria recently signed a memorandum of understanding (MOU) with Egypt for the supply of 1 bcm/y of gas, to be delivered as LNG beginning in 2011-12 (MEES, 4 May). The EERP has earmarked more th...
Volume: 52Issue: 19Published at Mon, 11 May 2009 -
CBI Reports Some Favorable Economic Indicators Until End 2008, But Future Uncertain
...09-10) 7.103 1389 (2010-11) 2.623 1390 (2011-12) 2.189 1391 (2012-13) onwards 7.261 The value of Iran’s oil and gas exports by 20 December 2008 stood at $71.654bn, compared to $58.147bn a year earlier, according to the CBI. By 20 December the value of...
Volume: 52Issue: 19Published at Mon, 11 May 2009 -
Qatar Breaks Ground On $4Bn IWPP
...its full rates by 2011. It will be the largest power operation in Qatar, and one of the largest in the Gulf, when it comes on line. Speaking at the groundbreaking ceremony, Deputy Premier and Minister of Energy and Industry 'Abd Allah al-'Attiyah said that the project is part of the power an...
Volume: 52Issue: 19Published at Mon, 11 May 2009