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Saudi Plans World-Beating $5bn ‘Green Hydrogen’ Project For Neom Future City
...abia’s now-Crown Prince Muhammad bin Salman to great fanfare in 2017 with a $500bn price tag (MEES, 27 October 2017). Whether it ever comes close to achieving its grandiose aims is unclear, but there is at least now movement towards developing innovative industries at the site. No-one can accuse Neom of...
Volume: 63Issue: 28Published at Fri, 10 Jul 2020 -
Algeria Adding Powergen Capacity, But Big CCGT Progress Piecemeal
...kely a long way down the line: 1.44GW Bellara and 1.38GW Oumache are not mentioned in the new 2018 annual report of lead contractor Korea’s Hyundai E&C, but former Sonelgaz head Muhammad Arkab – now energy minister –said Oumache would be operational by 2020 (MEES, 24 November 2017). Korean contractor Sa...
Volume: 62Issue: 28Published at Fri, 12 Jul 2019 -
Egypt Refining Projects Inching Forward As Subsidy Cuts Curb Consumption
...rformance of the refinery, to produce light products including almost 50,000 b/d of low sulfur diesel and 12,000 b/d of reformate, which is a key gasoline blending component. The $4.3bn ERC plant was originally scheduled to start up in first quarter 2017, but construction was delayed and at times halted be...
Volume: 62Issue: 28Published at Fri, 12 Jul 2019 -
Saudi’s PIF Increases Stake In Local Private Firm Acwa Power
...ma Foreign Holdings. PIF is slated to have a key role in achieving Crown Prince Muhammad’s Vision 2030 economic diversification strategy – aimed at ending the Saudi “addiction to oil” (MEES, 17 November 2017). Acwa Power’s finances and ownership structure are opaque. But disclosures at the time of...
Volume: 61Issue: 28Published at Fri, 13 Jul 2018 -
Egypt: Has Gas Boost Made Blackouts History?
...st-tracked to “accelerate gas production commitments to Egypt…before peak demand in summer 2017” (MEES, 12 May). With Eni’s 24 tcf Zohr field set to ramp up to 1.2bn cfd from November, Egypt has become increasingly confident of gas availability (MEES, 7 July). According to state gas firm Eg...
Volume: 60Issue: 28Published at Fri, 14 Jul 2017 -
Oman Cuts Power Payout
...Oman’s power regulator says spending on subsidies will fall by 10.6% to OR456mn ($1.186bn) in 2017. The regulator says this is thanks to a rise in revenue from electricity consumers following the introduction of cost-reflective tariffs for large industrial, commercial and government co...
Volume: 60Issue: 28Published at Fri, 14 Jul 2017 -
Oman Turns To Sun For EOR And Rural Electricity
...heme at Amal field in 2010, producing 50 m3/d of steam. This 7MW plant will continue operating once the full-scale development is completed. The project will break ground this year, with start-up of the first glasshouse module due in 2017. The finished plant will comprise 36 glasshouses, which will be...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
Abu Dhabi Power Capacity Hits 13.9GW
...th a small amount provided by burning diesel and last year a tiny amount from direct crude burning. There is also one 100MW solar plant. Total power and water produced by ADWEC in 2013 amounted to 65.49TWh and 263bn gallons (1.2bn cu ms) respectively. Diversity Plan In 2017 the Emirates Nuclear En...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014