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IEA Warns Iraq Oil Failure Would Be ‘Very Bad News’ For Markets
...e wider energy industry it is Iraq’s final production level and its timing that is paramount. Iraq’s upstream bidding round contracts stipulate production plateaus that would give the country in excess of 12mn b/d by 2017, or 13mn b/d if the Kurdish region is included. But these targets are in...
Volume: 55Issue: 20Published at Mon, 14 May 2012 -
Sudan To Hike Heglig Production, South Willing To Return To Talks
...ld a panel of top experts and officials involved in the structuring of Sudan’s mooted five-year political and economic plan to 2017. Following last week’s calls from the international community to put an end to the fighting and return to the negotiating table, South Sudan has made the first mo...
Volume: 55Issue: 20Published at Mon, 14 May 2012 -
Nabucco Announces Further One-Year Delay, Construction Now To Start In 2013
...s expected in the second half of 2011, for at least one year. He said that construction of the pipeline could start in 2013 with the aim of transporting its first gas volumes in 2017. Yet this may not be the last postponement for the project since Mr Mitschek observed that “the ‘open season’ pr...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
OPWP Projects Oman Power Demand Will Near 3.5GW By 2017
...Middle East Economic Survey VOL. LIV No 20 16-May-2011 oman OPWP Projects Oman Power Demand Will Near 3.5GW By 2017 Average demand for electricity in Oman is projected to increase from 1.924gw in 2011 to 3.464gw by 2017, an average growth rate of about 9% per year, according to...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
Jordan Signs Oil Shale Agreement With Eesti Energia
...able, Enefit would have access to the shale oil for a period of 40 years, extendable by another 10 years. The agreement covers the production of 38,000 b/d of shale oil and the generation of up to 900mw of electricity from a shale oil fired plant. First power is projected for 2016 and first oil for 2017...
Volume: 53Issue: 20Published at Mon, 17 May 2010