1. IEA Medium-Term Outlook Envisages Continuing Tight Oil Market

    ...neration activities, will rapidly expand in non-OECD countries.” IEA World Oil Supply And Demand Outlook 2008-13 (Mn B/D) 2008 2009 2010 2011 2012 2013 OECD Demand North America 25...

    Volume: 51
    Issue: 27
    Published at Mon, 07 Jul 2008
  2. Algeria To Spend $5.5Bn Expanding Its Oil And Gas Pipeline Network

    ...17* 137* 323 Expected Capacity By 2011 Number Of Pipelines 13 3 5 18 39 Length (Km) 5,368 1,718 3,...

    Volume: 51
    Issue: 27
    Published at Mon, 07 Jul 2008
  3. FCP To Approach Banks After The Summer To Finance Algeria’s MLE Project

    ...s formerly the Chief Operating Officer. FCP said that the MLE field will come on-stream in 2010, producing 200mn cfd of gas and 20,000 b/d of liquids, with the Central Area Field Complex (CAFC) coming on stream in 2011. Production in the Block 405b MLE field will then be ramped up to a level of 30...

    Volume: 51
    Issue: 27
    Published at Mon, 07 Jul 2008
  4. Kashagan Deal Concluded, With First Oil Set For 2013

    ...at the projected development costs of Kashagan had increased from $57bn to $136bn. The latest production deadline is the fourth to have been agreed. The previous agreement, in January 2008, called for production start-up in 2011. Terms for the latest deal include an additional 7.5-8% royalty pa...

    Volume: 51
    Issue: 27
    Published at Mon, 07 Jul 2008
  5. Saudi Aramco Awards Utilities Contract For 900,000 b/d Manifa Project

    ...e contracts has prompted talk of delays to the targeted 2011 start-up. However, Aramco last month said it was confident the project would begin production on schedule (MEES, 7 July). Manifa is probably the most ambitious initiative in Aramco’s current project schedule. Costs are likely to be si...

    Volume: 51
    Issue: 27
    Published at Mon, 07 Jul 2008