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Cyprus Shuts Gas Tender
...s. The tender seeks gas volumes rising from 19.5-30.4 trillion BTU in the first year to 25-43 trillion BTU by 2025. First gas is to be delivered between 1 January 2016 and 30 June 2017, with DEFA thought to favor bids that stipulate an earlier start date (MEES, 18 April 2014). MEES understands th...
Volume: 58Issue: 26Published at Fri, 26 Jun 2015 -
Egypt Power Capacity Boost Gathers Steam
...eks to diversify its fuel mix. SAUDI CABLE DEAL EEHC says the government will this summer sign a contract with Saudi Arabia for a transmission cable linking the Egyptian and Saudi grids “to start provisional operation in July 2017.” The grid link will comprise 1,320km of twin 3GW capacity ca...
Volume: 58Issue: 26Published at Fri, 26 Jun 2015 -
Qatar Stares Deficit In The Face
...pt at currently-planned levels then in light of reduced oil and gas revenue, Qatar could post a fiscal deficit of 4.9% and 3.7% of nominal GDP in 2016 and 2017 respectively if lower oil prices persist, it added. For 2015 the latest QEO predicts a fiscal surplus of 1.4%, well down on the 8.7% surplus fo...
Volume: 58Issue: 26Published at Fri, 26 Jun 2015