- Sort by:
- Score
- Published ▼
-
Saudi Firms Award Butanol And Polyacetal Plant Contracts
...,000 t/y of iso-butanol. Project Schedules Saudi Kayan said construction of the butanol plant – which will be the world’s largest and first in the Middle East (MEES, 4 January) – would begin in January 2014, with project completion anticipated in May 2015: “It is scheduled to start its trial ru...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013 -
OPEC Sees Fall In 2014 Call on Its Crude
... OPEC OPEC Sees Fall In 2014 Call on Its Crude Strong non-OPEC supply growth means demand for OPEC crude will actually contract by around 250,000 b/d next year despite world oil demand growth rebounding to its highest growth rate in four years, the producer group says in...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013 -
Law Change Hands Power, Oil Revenues To Iraq’s Provinces
...,000 b/d by end 2014. Babil province’s West Kifl field, and Karbala’s Kifl and Merjan fields have been a particular area of interest. In January 2010, UK independent San Leon announced it had signed a deal with Karbala governorate for the blocks, offered in Iraq’s December 2009 second upstream bi...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013 -
Gulf States Finalize Rescue Package For Egypt
...Cairo. Ankara was not only supportive of Mr Mursi but (more so than Qatar), Turkey’s Prime Minister Erdogan has been highly critical of his ouster. More Cash Needed Egypt badly needs between $14-19bn in external financing in the fiscal year to June 2014, analysts of the Egyptian sc...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013 -
Juba Looks To Develop Oil Sector As Khartoum Revokes Oil Threat
...finery in August, and a second one in early 2014. The first of these refineries – a 5,000 b/d ‘mini-refinery’ in Bentiu in Unity state – is being built by Russian firm Safinat Caspian Oil Refining Company, which signed a memorandum of understanding with Juba in December last year. The se...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013 -
BP Not Yet Invited To Bid For Major Fields, Abu Dhabi Eyes Crude Boost
...E BP Not Yet Invited To Bid For Major Fields, Abu Dhabi Eyes Crude Boost BP has not yet been invited to prequalify to bid for Abu Dhabi’s major onshore oil fields that are run under the Abu Dhabi Company for Onshore Oil Operations (ADCO) concession, which expires in January 2014. BP is a cu...
Volume: 55Issue: 28Published at Mon, 09 Jul 2012 -
Kuwait’s Agility Wins $238Mn Gorgon Contract
...rvices for the project’s marine loading facility in Perth. In addition, the company won a two-year extension on an existing deal to provide both transportation and supply base services for the $36.8bn Gorgon project, scheduled for start-up in 2014. The extended term of the contract, according to Agility, wi...
Volume: 55Issue: 28Published at Mon, 09 Jul 2012 -
Iran Set To Be Net Gas Exporter, Analysts Doubt Double Output Claim
...uble.” Another Iranian analyst, Mehdi Varzi, president of Varzi Energy consultancy, comments: “The gas forecast looks too high. Gas production is increasing, but an increase of 20-30% by 2014 is more realistic.” The West is tightening the economic noose round Iran. Extensive sanctions stop Iranian ai...
Volume: 54Issue: 28Published at Mon, 11 Jul 2011 -
Azerbaijan’s Socar To Acquire Bigger Stake In Petkim Refinery Joint Venture
...at carries Azeri Light crude from the Caspian Sea for export. The refinery in Izmir Aliaga is expected to be supplied with Azeri crude shipped from the Ceyhan terminal. The new refinery is estimated to cost $4bn and come into operation in 2014. It will be located next to Petkim’s existing pe...
Volume: 54Issue: 28Published at Mon, 11 Jul 2011 -
BP Courts Potential Gulf Investors
...so 14.67% in ADMA for the offshore sector (along with ADNOC, Total and Japan Oil Development Company). The former expires in 2014, and the latter in 2018 (MEES, 4 May 2009). It also holds an interest in the proposed Hydrogen project with Masdar (MEES, 28 June). The company’s other large holdings in th...
Volume: 53Issue: 28Published at Mon, 12 Jul 2010 -
Question Mark Over $6Bn ExxonMobil Qatar Petrochemicals Project
...xonMobil has a stake in four of Qatar’s LNG mega-trains, and two conventional North Field gas projects: 2bn cfd al-Khaleej, which is on stream, and 1.5bn cfd Barzan, which will start up in 2014. Barzan and al-Khaleej’s second phase will provide the domestic market with gas. The first phase of al-Khaleej su...
Volume: 53Issue: 28Published at Mon, 12 Jul 2010 -
MEES Agenda: Lebanon Pushes Reform Plan For Its Troubled Power Sector
...oduction costs. The reform plan is expected to result in a power sector with more than 4.0gw generation capacity by 2014 and 5.0gw after 2015. 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 pr...
Volume: 53Issue: 28Published at Mon, 12 Jul 2010 -
GCC Economies Return To More Robust Growth, Says Samba
...rrently slated to run to 2014 will at some stage be lifted. This is likely to prompt another round of gas based industrial development and provide additional stimulus to Qatar’s promising longer term growth prospects,” concludes the report....
Volume: 53Issue: 28Published at Mon, 12 Jul 2010 -
Noble Says Tamar And Dalit Could Supply Two Decades Of Projected Gas Needs
...oduction by 2012, although some observers say 2014-15 is more realistic. The latest reserves estimate for Tamar compares with a previous estimate of 5 tcf, and is double the original reserves estimate (MEES, 16 February). Despite the size of the discovery, Israel’s Natural Gas Authority is moving ahead wi...
Volume: 52Issue: 28Published at Mon, 13 Jul 2009 -
RasGas Launching Bond Issue To Complete $10Bn Funding Program
...total $2.23bn, although could be subject to change, and is divided into a series of three with bullet maturities – the E series is worth $500mn, maturing in 2012; the F series worth $1.115mn, maturing in 2014; and G series of $615mn, maturing in 2019. The bonds, along with an ExxonMobil loan of...
Volume: 52Issue: 28Published at Mon, 13 Jul 2009 -
Saudi Electricity Company Receives Financial, Legal Bids For IPP Program
...e RFP will be issued in August 2008, with initial operation planned for April 2013 and full operation for April 2014. The Qurayah Power Plant will be a 2,000mw heavy Arab crude fired facility, with an estimated capital cost of SR8bn, with the RFP to be issued in August 2009, and initial op...
Volume: 50Issue: 28Published at Mon, 09 Jul 2007 -
Iraq: Sustainability Of Debt Service And Reparations Payments
...% in 2005 to 13% in 2009. In 2010 it jumps to 27% after principal payment is added to the interest payment, which would have started in 2005. The ratio declines to 24% in 2014, (Table 4). If 25% is taken as a yardstick over which the burden becomes heavy then debt service seems largely tolerable ev...
Volume: 47Issue: 28Published at Mon, 12 Jul 2004