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IMF Says Kuwait’s 2012 Economic Outlook Positive Despite Political Instability
...blic Pension Fund. In 2008-09, KD5.5bn were transferred. KD1.1bn is budgeted for each year from 2010-11 to 2014-15. 4. Excludes debt of Kuwait’s sovereign wealth fund related to asset management operations. 5. Excludes special drawing rights and IMF reserve position. 6. Change in the Ku...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
Kuwait Discovers More Burgan Reservoirs, Plans Water Injection
...ra structure – one of the fastest-depleting reservoirs, MEES learns. The project needs collection, treatment and injection facilities by 2014 for as much as 1mn b/d of water. When Burgan first started producing nearly 70 years ago some individual wells were producing 15,000 b/d. “Today additional we...
Volume: 54Issue: 26Published at Mon, 27 Jun 2011 -
IEA Medium Term Forecast Sees Demand Growing By 1.2Mn B/D Annually To 2015
...pectations about longer term market fundamentals have all helped shape recent oil price tends, over and above the influence of more traditional physical drivers.” IEA World Oil Supply And Demand Outlook 2009-15 (Mn B/D) 2009 2010 2011 2012 2013 2014 2015 OE...
Volume: 53Issue: 26Published at Mon, 28 Jun 2010 -
Gazprom And Eni Finalize Deal For EDF To Join South Stream, Consider Routing Options
...the main trunk pipeline. The pipeline has reportedly passed hydraulic tests, and will replace a 116km pipeline built in the 1990s. This is the first component of CPC’s plan to more than double the pipeline’s net export capacity to 67 mn tons/year by 2014 at an expected cost of $4.5bn. Tr...
Volume: 53Issue: 26Published at Mon, 28 Jun 2010 -
Lebanon Approves Electricity Sector Reform Plan
...neration capacity by 2014 and 5.0gw after 2015, which is required to keep pace with the economic development of Lebanon. The plan envisages an investment of $4.87bn to raise capacity to 4.0gw. The Government of Lebanon expects to invest up to $1.5bn, with $2.3bn coming from the private sector and the $1bn fr...
Volume: 53Issue: 26Published at Mon, 28 Jun 2010 -
Algeria Aims To Boost Domestic LPG Consumption, Reduce Costly Diesel Imports
...ound 500, and to double domestic sales of LPG for transportation purposes to 600,000 t/y by 2014. Currently only 7% of the cars in Algeria run on LPG, compared to 79% that run on gasoline and 14% that run on diesel, despite the fact that Algeria produces around 9mn t/y of the fuel. As well as the ex...
Volume: 52Issue: 26Published at Mon, 29 Jun 2009 -
Israel To Build Offshore LNG Receiving Terminal ‘By 2013’
...begin production in 2013. But the field, which is thought to have reserves of 5-7 tcf of gas, is located at a depth of more than 15,000ft in 5,500ft (1,677ms) of water, and some observers believe that 2014-15 is now the most likely start-up date. Noble is currently drawing up a more accurate es...
Volume: 52Issue: 26Published at Mon, 29 Jun 2009 -
JGC Wins Management Contract For PETRORabigh Expansion
...11, with start-up due in 2014. PETRORabigh Phase II involves construction of a 30mn cfd ethane cracker, a 2.5-3mn tons/year naphtha reforming complex, an aromatics complex that will receive around 2mn t/y of the reformate as feedstock, and 17 worldscale derivatives units that will receive benzene an...
Volume: 52Issue: 26Published at Mon, 29 Jun 2009 -
Japan Reschedules $202Mn Of Jordan’s Debt
...cording to Japanese Ambassador to Jordan Koichi Obata, the amount will be repaid instead by December 2023 with a long-term grace period and at a reduced rate of interest. Official development aid totaling $119mn in principle and interest will be repaid over 10 years beginning in June 2014, while the re...
Volume: 46Issue: 26Published at Mon, 30 Jun 2003