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