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  1. Kayan Signs Loan Agreement, Breaks Islamic Project Finance Records

    ...tane from Saudi Aramco, with ethane provided at $0.75/mn BTU and the butane price based on an international benchmark, less a discount which has been fixed at 30% until 2011. “The Saudi Arabian government’s policy is to promote development of a primary and secondary domestic petrochemicals in...

    Volume: 51
    Issue: 23
    Published at Mon, 09 Jun 2008

  2. Spain’s Fertiberia To Build A $1bn Ammonia Plant At Arzew

    ...n funds, while the remaining 70% would be financed by bank loans. Separately, Algeria’s Minister of Energy and Mines Chakib Khelil said the completion of various petrochemical projects under way in Algeria would give it a 5% share of global fertilizer production by 2011, and help to reduce its fo...

    Volume: 51
    Issue: 23
    Published at Mon, 09 Jun 2008

  3. CPC Pipeline Reports First Profits

    ...rticipation in the Baku-Tbilisi-Ceyhan (BTC) crude oil pipeline. The law opens the way for the Kazakhstan Caspian Transportation System (KCTS), which is to come into operation in 2011 with an initial 500,000 b/d capacity.   Batumi Oil Terminal (BOT) shipped 718,800 tons of crude oil and products du...

    Volume: 51
    Issue: 23
    Published at Mon, 09 Jun 2008