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Jordan Testing Interest In Waste-To-Energy Projects
...ES, 11 January). Six companies have recently submitted bids to build a 500mw oil shale power plant, with construction to begin in 2014 for start-up by 2017. The Kuwait Fund for Arab Economic Development (KFAED) is providing $150mn funding for a 65mw wind farm in Ma’an governorate (MEES, 10 May), wh...
Volume: 56Issue: 20Published at Fri, 17 May 2013 -
Calls Mount To Change Saudi Subsidies
...oducts importer (MEES, 3 May). This fuel is purchased at market price internationally, yet it is then sold in the domestic market at the subsidized level. An end to transportation fuel imports should come with the start-up of two key refineries in 2014. French major Total will sell its own sh...
Volume: 56Issue: 20Published at Fri, 17 May 2013 -
Socar Turkey Buys Additional 10% In Petkim
...d petrochemical plant in Izmir Aliaga on the country’s west coast. The facility is expected to use Azeri crude supplied through the Ceyhan terminal and come into operation in 2014. It will be located next to Petkim’s existing petrochemical facility and supply feedstock to Petkim and refined oil pr...
Volume: 55Issue: 20Published at Mon, 14 May 2012 -
Dubai Power Plans In Flux, Abu Dhabi Approves Another IWPP
...ter and Electricity Company’s (ADWEC’s) most recent forecasts published in March this year put Abu Dhabi’s peak demand at 10.084gw this year, versus 9.749gw last year. This is expected to climb to 12.265gw in 2013, 12.803gw in 2014, and 13.66gw by 2015. ADNOC accounted for just 6% of ADWEC’s 2011 el...
Volume: 55Issue: 20Published at Mon, 14 May 2012 -
Abu Dhabi Launches Bab Sour Gas Project
...the summer of 2014 while it develops its gas fields, including Shah, which will ramp up to 500mn cfd of sales gas by the end of 2015. Shah and Bab were originally planned to start up in 2012....
Volume: 55Issue: 20Published at Mon, 14 May 2012 -
Saudi Arabia Poised For New Gas/NGL Prices
...abiyah fields due on stream in 2014 will cost over $5.50/mn BTU (MEES, 9 March 2009). “The Saudis won’t be able to get any significant new fields for less than $5/mn BTU and they are desperate for gas,” says an industry source. By July, the Saudi Aramco/Shell South Rubi' al-Khali (SRAK) gas ex...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
Abu Dhabi Considers Breaking Up Oil Concessions To Hit 3.5Mn B/D Target
...wards it will offer its partners, Nick Wilson writes from Abu Dhabi. Abu Dhabi has studied breaking up its onshore oil consortium (ADCO), when its concession comes up for renewal in January 2014, MEES learns. The plan would award the individual fields to its existing partners: ADNOC (60%), Shell, To...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
OPWP Projects Oman Power Demand Will Near 3.5GW By 2017
...ojects] in 2012, 2013 and 2014,” said the study. Two of these new IPPs – Sohar-2 and Barka-3 – are currently under construction and are scheduled to be commissioned on a phased basis in 2012 and 2013. Last October, the financing was oversubscribed, with eight international banks and two export credit ag...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
Abu Dhabi Going Solo To Develop Shah Ultra-Sour Gas
...Ls, which would offset the cost of handling H2S. However, Shah’s 50,000 b/d of condensate and 51,000 b/d of other NGLs will make it profitable. Meanwhile, the 1bn cfd integrated gas development (IGD) project start-up has been delayed by three years to 2014, due to contractor hold-ups. It will bring ga...
Volume: 53Issue: 20Published at Mon, 17 May 2010 -
QP Abandons Planned Al-Shaheen Refinery Project
...rubeni share the remaining 9%. Qatar’s condensate downstream expansion is predicated on absorbing rising condensate production, which will hit 750,000 b/d in 2014, when the ExxonMobil-led 1.5bn cfd Barzan project – the final portion in Qatar’s current upstream gas expansion – comes on stream (MEES, 14 De...
Volume: 53Issue: 20Published at Mon, 17 May 2010 -
Masdar To Invest In London Array Wind Farm After UK Agrees Subsidy
...chnology as we move toward a low carbon future.” The British government allocated £525mn in the 2009 budget for offshore wind subsidies between 2011 and 2014, much of them for the London Array project. Alastair Darling, Chancellor of the Exchequer, announced last month that a further £4bn in subsidies co...
Volume: 52Issue: 20Published at Mon, 18 May 2009 -
Aramco, KPC Take $30Bn Downstream Investment Plunge
...vestment in new refineries down to 2014. Kuwait’s downstream arm KNPC on 11 May announced the award of construction contracts for al-Zour, which will become Kuwait’s fourth and the region’s largest refinery when completed in 2012-13. The contracts were awarded on a cost reimbursable basis, but KNPC ve...
Volume: 51Issue: 20Published at Mon, 19 May 2008