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Iraqi Infrastructure Crunch Begins To Bite
...e Kurdistan Regional Government (KRG) area (currently running at half of 300,000b/d capacity), Chairman of the Prime Ministerial Advisory Committee Thamir Ghadhban said. Next year 500,000 b/d of new capacity should be added, with around 700,000 b/d in 2014, to achieve a sustainable capacity target of...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
Abu Dhabi Invites IOCs To Prequalify – Partex’s 2% Stake Up For Grabs
...rtex (2%) – which expire in January 2014, while replacing Partex with a newcomer that can bring finance or technology to the consortium – or auction off individual fields, which produce a total of over 1.4mn b/d. Prequalifying submissions have to be in by mid-July. Partex’s 2% stake is a historical qu...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
Oman Anticipates More LNG Exports On Back Of BP Upstream Output
...ditional exports in the period post-2016 after BP has ramped up to ‘to be agreed with government’ production levels for tight gas. In 2014 plans for 2016-onwards production and demand levels will be firmed up and the options to export, or not, will be clearer.” Oman LNG (government 51%, Shell 30...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
BP Starts Drilling Of First Risha Gas Well
...said to be currently receiving 30mn cfd of gas from Egypt instead of the 300mn cfd needed to fuel the country’s power plants (MEES, 11 June). Jordan Plans LNG Terminal By 2014 Jordan plans to begin importing LNG via a gas terminal which is to be built on the Red Sea port of 'Aqaba by...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
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