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Egypt To Slash Petroleum Subsidies As Part Of New Budget
...% of GDP to health, education and scientific research by 2017, compared to 6% of GDP in 2013-14. It will aim to achieve sustained economic growth and restore confidence in the Egyptian economy, by adopting a number of reforms intended to correct structural imbalances in public finances, and achieve fi...
Volume: 57Issue: 22Published at Fri, 30 May 2014 -
Palestinian Natural Gas Ambitions
...viathan field coming onstream in either late 2016 or early 2017. The distribution system in the Gaza Strip is even more in need of investment. In 2007, the World Bank estimated losses during distribution to be around 25%. An equivalent figure for Jordan was half this and for Israel it was ar...
Volume: 57Issue: 22Published at Fri, 30 May 2014 -
Iraqi Petchem Prospects Hinge On Refinery Integration
...-50bn over the period 2017-23 in building total petrochemicals capacity of 10mn tons/year. “Of course Saudi Arabia and Qatar and others are already producing petrochemicals,” he said. “Those in charge in Baghdad have to consider this and what is happening in refining and the potential for integration. Ne...
Volume: 56Issue: 22Published at Fri, 31 May 2013 -
UAE Starts Second Barakah Plant As MENA Nuclear Pursuit Accelerates
...stalled the base section of the containment liner for the reactor at Barakah-1. Further liner sections will be fabricated and installed this year. ENEC said Kepco is on track to start up Barakah-1 in 2017 (MEES, 29 March). Iran’s DIY Approach While UAE’s nuclear development gathers momentum, Ir...
Volume: 56Issue: 22Published at Fri, 31 May 2013 -
Turkmenistan Signs 30 BCM/Y Trans-Afghan Deals
...rm gas needs, which would grow from 166.2mn cmd today to 473mn cmd in 2017-18, when TAPI is intended to be commissioned. Indian energy analysts have estimated that the cost of Turkmen gas may be $4-5/mn BTU, which would be less expensive than Gulf LNG imports. A former senior Indian energy ex...
Volume: 55Issue: 22Published at Mon, 28 May 2012 -
Iraq’s Upstream Oil Contracts, 2011 And Beyond
...atures 143bn barrels of proven oil reserves (plus an estimated 30bn barrels in Iraq’s Kurdistan region), a four-year oil production plan targeting 6.5mn b/d by the end of 2014, and a contracted daily capacity expansion plan of more than 12mn b/d by the year 2017. Figure 1: Geographic Di...
Volume: 54Issue: 22Published at Mon, 30 May 2011 -
Salman: Iraqi Upstream, Oil Market And Gas Market Issues
...aq to go ahead. Yes, we need IOCs to assist with the maintenance and increasing capacity. But is it necessary to do it on this large scale, to increase capacity to around 12mn b/d by 2017 as it is announced? Do you need to go to this high level of capacity, when you are not going to use it im...
Volume: 53Issue: 22Published at Mon, 31 May 2010 -
Third Turbine At Marib Power Plant Begins Operation
...owing local power demand. Marib-1 is the first of two gas-fired independent power plants (IPPs) expected to come on line at Marib by 2017, with Marib-2 expected to have a capacity of 400mw when it is completed. Eight other gas-fired power plants are also scheduled for completion by then, each with a to...
Volume: 53Issue: 22Published at Mon, 31 May 2010