- Sort by:
- Score
- Published ▼
-
Qatar Eyes Yamal And Iran Investments, Technical Problems Close LNG Plants
...extra 1.5bn cfd of gas by 2014 for power generation. However, “our local electricity demand forecasts are all over the place,” a QP official tells MEES. The problems appear to have already created one casualty, Faisal al-Suwaidi, former CEO of Qatargas, who was forced to resign this month as pr...
Volume: 53Issue: 24Published at Mon, 14 Jun 2010 -
Aegean And Groundstar Revise West Kom Ombo Farm-In Terms (15)
...oundstar Resources to acquire a 70% stake and operatorship of the West Kom Ombo (WKO) block in Egypt’s south central desert, it was announced on 7 June. Aegean has committed to drill a minimum of four exploration wells at a cost of up to $30mn by September 2014, but notes that seismic data has not been ac...
Volume: 53Issue: 24Published at Mon, 14 Jun 2010 -
KFIC Agrees $495Mn Debt Restructuring Deal
...nders and shareholders to restructure KD145mn ($495mn) in debt, it announced on 7 June. The five-year restructuring proposal was approved by all 22 local and international lenders, and will see the debt paid in four tranches, the last of which will be settled on 31 December 2014. The company’s debt re...
Volume: 53Issue: 24Published at Mon, 14 Jun 2010 -
NBK Says Kuwait Consumer Spending On The Rise
...2014, a target NBK cites as achievable if all planned projects and policies are implemented on schedule. “Still, at this rate, new jobs may not be enough to absorb all entrants into the labor market,” it said, adding that while the consumer sector is recovering nicely, employment growth would be ab...
Volume: 53Issue: 24Published at Mon, 14 Jun 2010 -
Naimi Assesses International And Saudi Energy Prospects
...ojects around 2014 or earlier than that? AN: Earlier than that, probably 2012. We are continuously looking every year at two things: what we need to do to maintain our capacity today, which requires two thirds of the dollar; and we also look at our production capacity compared to what we think the ca...
Volume: 53Issue: 24Published at Mon, 14 Jun 2010