1. Gas Shortage Leaves Iranian Petchem Plants Idle

    ...trochemical plants linked by Iran’s under-construction 2.5mn t/y West Ethylene Pipeline (MEES, 16 May). But, with additional gas from South Pars only likely to come onstream in late 2017 at the earliest (MEES, 6 June), the gas shortage for Iran’s petrochemicals sector and resultant overcapacity will get worse be...

    Volume: 57
    Issue: 24
    Published at Fri, 13 Jun 2014
  2. IEA: Middle East Gas Output Set For Strong Growth But Outpaced By Demand

    ...m)               chg '13-'19   2000 2010 2013 2015 2017 2019 BCM % Middle East* De...

    Volume: 57
    Issue: 24
    Published at Fri, 13 Jun 2014
  3. Delek’s Leviathan Development Fund Raising Gathers Pace

    ...rtners are looking to double Tamar’s gas output capacity to 20-22 bcm/year (around 2bn cfd) by building a third delivery pipeline by 2017. Current capacity is 1bn cfd, with output averaging 750mn cfd (MEES, 16 May). At Leviathan, Noble, Delek and partner Ratio Oil (15%) are looking to finalize a de...

    Volume: 57
    Issue: 24
    Published at Fri, 13 Jun 2014
  4. Saudi Arabia Ponders Creation Of ‘National Reserve Fund’

    ...e end of 2017 – a sum that would in theory catapult the fund into second place on a ranking of the world’s top SWFs (see table). Dr Mariq says the aim of establishing the fund, also known as the “National Reserve Fund” is to accumulate financial surpluses and invest them to realize maximum returns. Th...

    Volume: 57
    Issue: 24
    Published at Fri, 13 Jun 2014