1. BG Suddenly Pulls Out Of $800Mn-1Bn Oman Gas Field Project

    ...s are produced. It expects to produce 200mn cfd next year, ramping up to 1.5bn cfd by 2017. But the contract was negotiated in 2006, before production costs soared during the energy boom. Muscat hopes that another player will take over BG’s concession, but it would have to offer a much better deal – ev...

    Volume: 53
    Issue: 24
    Published at Mon, 14 Jun 2010
  2. Gas Deadlock Resolved As Turkey And Azerbaijan Agree Terms For EU Deliveries (13)

    ...niz field, which is expected to produce 16 bcm/y by 2017. According to this second agreement, Turkish imports will start at 2 bcm/y in 2016-17, rising to 6 bcm/y by 2019. From the Shah Deniz 2 supply, 6 bcm/y of the 7 bcm/y will be allocated to Botas while the remaining 1 bcm/y will be delivered to Tu...

    Volume: 53
    Issue: 24
    Published at Mon, 14 Jun 2010