1. Jordan Enjoys Cheap LNG Prices, But For How Long?

    ...ne). Vitol’s cargo is scheduled to arrive in mid-August and should be followed by more deliveries: Nepco has expressed an interest in an extra short-term deal of 18 cargoes per year for 2016 and 2017. Golar Eskimo, Jordan’s first LNG import facility, will be moored at Aqaba for 10 years under a de...

    Volume: 58
    Issue: 28
    Published at Fri, 10 Jul 2015
  2. Algeria Pushes New Refineries Beyond 2020, Fuel Deficit To Worsen

    ...spectively (see table). Biskra and Tiaret were part of an earlier four-refinery plan, with both initially due for 2017 start-up, to be followed by similarly sized projects at Ghardaia and Hassi Messaoud. Sonatrach started civil works at Biskra in 2012 and officially launched the project in 2013, saying it wo...

    Volume: 58
    Issue: 28
    Published at Fri, 10 Jul 2015
  3. 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: 58
    Issue: 28
    Published at Fri, 10 Jul 2015
  4. KRG Helping Hand To Kirkuk Province Threatens To Widen Rift With Baghdad

    ...tback value of $50-54/B for exports from Ceyhan, based on the same Brent price but minus a $5/B quality discount, $6/B pipeline, throughput and trucking costs to Fishkabur. GKP says it has brought down the per barrel production cost at Shaikan to $5/B in 2015 from $7/B in 2017. Its total gross in...

    Volume: 58
    Issue: 28
    Published at Fri, 10 Jul 2015
  5. Kuwait Posts First Deficit In 15 Years

    ...oner than the 2017-21 timeframe that many international organizations had predicted. “The state treasury faces many challenges, the most important of which is the rise in current expenditure,” he says. As this becomes a permanent feature in the budget, it piles pressure on state’s finances and be...

    Volume: 58
    Issue: 28
    Published at Fri, 10 Jul 2015