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Iraqi Gas And Power Emerges As Critical Sector
...pital investment to kick-start the economy. Capital expenditure will grow to 40% of the budget in 2014 and 50% the following year, compared to 2011’s 31%, Mr Abadi predicts. However, any economic development will not work without electricity, the lack of which currently costs the Iraqi economy an es...
Volume: 54Issue: 29Published at Mon, 18 Jul 2011 -
Iraq Needs To Triple Power Capacity To Meet Short Term Demand Growth
...soil then dry gas from Badra and Mansuria fields Taji 4x40 2011 40mn cfd Dry gas from NGC Akkaz 2x125 4x30 2014 105mn cfd Dry gas from Akkaz field Ba...
Volume: 54Issue: 29Published at Mon, 18 Jul 2011 -
Consortium Signs Agreement To Build Sur, Oman’s Largest IPP
...hwan Engineering Group company) signed an agreement on 13 July with Oman Power and Water Procurement Company (OPWP) to build the Sur independent power project (IPP). At 2.0gw when fully commissioned in 2014, it will be the sultanate’s largest IPP. The $1.5bn project attracted strong interest and in Ju...
Volume: 54Issue: 29Published at Mon, 18 Jul 2011 -
Qatar’s $5Bn Barzan Project Financing Progresses
...pend on how competitive it is with the other sources of funding being tapped (MEES, 25 April). Barzan was originally planned for 2012 start‐up, but that date was put back to 2014. Barzan is a two‐train project and will initially produce 1.5bn cfd, although it can be expanded if needed. When in...
Volume: 54Issue: 29Published at Mon, 18 Jul 2011 -
UAE Hopes For $100Bn In Sustainable Energy Investment
...at it will invest $290mn via the DB Masdar Clean Tech Fund – founded with Deutsche Bank - in green projects around the world by 2014. It did not give details of specific projects, but said it had invested the fund’s first $60mn in China. “We are making a second investment this week. It could be be...
Volume: 54Issue: 29Published at Mon, 18 Jul 2011