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Egypt: Record Gas Output, Exports At Seven-Year High
...pped 1bn cfd for the first time since December 2011. They have likely risen further since, with Egypt’s gas consumption typically bottoming out in March. Though rising domestic demand as summer approaches would normally crimp volumes available for export, continued production gains are of course a co...
Volume: 62Issue: 20Published at Fri, 17 May 2019 -
Energean Taps Cyprus For Israel Gas Exports
...ospects for Cyprus’ own 4.2tcf 2011 Aphrodite discovery. And Energean will struggle to meet even a modest sales commitment (especially from 2021) based on current reserves and development plans. The recent ‘Karish North’ discovery takes total recoverable reserves to around 3tcf (MEES, 19 April). Ho...
Volume: 62Issue: 20Published at Fri, 17 May 2019 -
Shell’s Oman GTL Proposal: What’s Changed This Time Around?
...G) are aimed at developing the Gulf’s third gas-to-liquids (GTL) project, a surprising prospect given that the cost of Shell’s Pearl GTL plant in Qatar trebled from $6bn to $18.5bn between 2006 go-ahead and 2011 completion. Shell and Total are holding talks with MOG for a proposed $19bn in...
Volume: 62Issue: 20Published at Fri, 17 May 2019