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Iraq’s Integrated National Energy Strategy: Investment And Institutional Requirements
...llion as capital expenditures and $90 billion as operating expenses), in 2011 dollars between 2012 and 2030, including all contracted payments to TSC operators. Of this total figure, it is assumed that about 15% will be available from private investments, primarily in refineries and linked in...
Volume: 56Issue: 25Published at Fri, 21 Jun 2013 -
Iraq’s Fourth Bid Round: Assessment Of The Outcome
...e implications are obvious: the Ministry of Oil has to give the priority to gas-prone blocks in its exploration program under its current plan for 2011-14. IOC Participation IOC participation provided few indicators. Japanese firms registered the highest participation with nine co...
Volume: 55Issue: 25Published at Mon, 18 Jun 2012 -
Iran’s Subsidy Reform: A Progress Report
...jor cities, no general strikes, no run on the banks and no panic buying. There was not even a commensurate reaction from the Majlis, whose main “intent and purposes” in the law were literally ignored by the government. A poll, conducted by the Majlis Research Center in March 2011, in fact sh...
Volume: 54Issue: 25Published at Mon, 20 Jun 2011 -
Rumaila Economics And Its Implications
...oduction capacity comprises the adjusted baseline production and the incremental production. Information available indicates that the work program for 2010 has a budget of $1.7bn and will add 200,000 b/d. In 2011 a budget of $2.5bn will add some 300,000 b/d and by 2012 some 500,000 b/d will have come on st...
Volume: 53Issue: 25Published at Mon, 21 Jun 2010 -
Soaring Oil Prices Push MENA Steel Demand To New Peaks
...mplex drilling and production technologies, which result in greater steel use as drilling distances increase. Tougher reservoir conditions also require special high quality down-hole steels. Saudi Aramco plans to add almost 3m b/d of crude production by 2011, but it is also making a considerable ou...
Volume: 51Issue: 25Published at Mon, 23 Jun 2008