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Saudi Construction Showing Strong Recovery, NCB Says
...ntracts awarded to reach $64bn and $86bn in 2010 and 2011, respectively. Fresh Lending To The Construction Sector Source: SAMA and NCB Estimates. The value of projects planned or announced for 2010-15, meanwhile, is roughly SR1,575bn ($420bn), compared to the SR825bn ($220bn) worth of contracts in 20...
Volume: 53Issue: 31Published at Mon, 02 Aug 2010 -
Hayan Gas Plant To Start Up In Early 2011
...Middle East Economic Survey VOL. LIII No 31 2-Aug-2010 SYRIA Hayan Gas Plant To Start Up In Early 2011 The Hayan gas treatment plant in Syria’s Jihar field west of Tadmur, which will have ca...
Volume: 53Issue: 31Published at Mon, 02 Aug 2010 -
GCC Power Grid Links Four Gulf Countries
...scheduled for completion in 2011, with Oman scheduled to follow shortly thereafter. The project is one of the first pan-GCC schemes to get off the ground and could provide a model for regional cooperation (MEES, 27 July). It was planned back in 1991, and construction started in 2004, with the op...
Volume: 52Issue: 31Published at Mon, 03 Aug 2009 -
SABIC Returns To Profitability In 2Q09
...d 2011, the underlying value of SIP operations would still be well below original expectations. Consequently, the intrinsic recovery prospects for bondholders are lower than previously assumed, said S&P. It acknowledged that the ongoing financial commitment of the parent company SABIC (A+/Stable/A-...
Volume: 52Issue: 31Published at Mon, 03 Aug 2009 -
SABIC Awards Samsung $300Mn Air Separation Contract
...paration process. Samsung will execute the licensing, engineering, procurement and construction of the ASU, which is scheduled for start-up in 2011. The company said that despite the global economic downturn, this contract with NIGC was the fourth it had been awarded during July, the others being the Sk...
Volume: 52Issue: 31Published at Mon, 03 Aug 2009 -
Global Refining Capacity Expected To Expand To 2013
...10 1 160,000 Texas Port Arthur Motiva 2011 1 325,000 India Vadinar Essar Oil 2012 1 420,000 India Paradip Indian Oil Corporation 2012 1 30...
Volume: 51Issue: 31Published at Mon, 04 Aug 2008 -
Egypt’s Ambitious Budget Targets Camouflage Political Worries
...at the budget for fiscal 2007-08, which coincides with the beginning of the sixth five-year development plan (2007-08 to 2011-12), will focus on human development and putting a limit on poverty; unemployment; dealing with the disparity of income; achieving higher economic growth and a fairer di...
Volume: 50Issue: 31Published at Mon, 30 Jul 2007 -
Gulf Power Part 2: Financing Competition Still Fierce As Global Credit Jitters Grow
...id that additional capacity will be needed from 2011. New capacity is being added via Taweelah A10 and the 'Umm al-Nar extension, which will come on-stream in 2009, and Fujairah-2, which will start up in 2010. After that an eighth IWPP, Shuweihat S2, will be developed, with the capacity to pr...
Volume: 50Issue: 31Published at Mon, 30 Jul 2007 -
Shuwayyib Appointed As CEO, Deputy Chairman Of KPC
...om developers proved well beyond the funds allocated by KNPC. MEES understands, however, that reformulated bids are now topping the $17bn mark, despite efforts by KNPC to restructure the contract on an open book basis (MEES, 19 February). KNPC now plans to complete the refinery by the end of 2011...
Volume: 50Issue: 31Published at Mon, 30 Jul 2007 -
Greece, Italy And Turkey Sign Intergovernmental Accord On IGI Gas Pipeline
...gin in June 2008 and the pipeline should be complete with an 8-9 bcm/year capacity in 2011....
Volume: 50Issue: 31Published at Mon, 30 Jul 2007 -
6.4GW Of Hydropower Capacity To Be Added By Iran Over Next Five Years
...velopment program would raise Iran’s hydropower capacity from 4.783gw today to 11.169gw by the end of March 2011. Iran aims to raise its total power generating capacity from 40gw today to 55gw in 2010 (MEES, 27 February 2006)....
Volume: 49Issue: 31Published at Mon, 31 Jul 2006 -
Future Of Sudan’s Oil Sector Remains Uncertain Despite Political Progress
...ar al-Bashir, ending the pre-interim period agreed in January’s peace deal, and beginning the six-year interim period which is intended to end in 2011 with a referendum in the south on self-determination. On 19 July, Dr Garang dissolved the administrative structures in the south ahead of the fo...
Volume: 48Issue: 31Published at Mon, 01 Aug 2005 -
Gulf States Invest In Green Petroleum Products
...erations in Qatar. Shell’s Pearl project aims to produce 70,000 b/d of clean GTL distillates by 2009, doubling in size later, while ExxonMobil has signed a preliminary accord for a plant to produce 154,000 b/d starting in 2011. GTL “is a technology for the future,” Alex Forbes, the editor of a sp...
Volume: 48Issue: 31Published at Mon, 01 Aug 2005 -
RasGas II Signs HOA For US LNG Supply Deal
...agreement (HOA) was signed for the supply of 15.6mn t/y of LNG to the US, with deliveries set to start by 2010 (MEES, 27 October 2003). The project envisages the construction of two LNG trains with 7.5mn t/y capacity each, with commissioning set for 2010 and 2011. Both Qatargas III and RasGas II...
Volume: 47Issue: 31Published at Mon, 02 Aug 2004 -
Saudi Gas Initiative: Core Projects And Power Expansion Plans
...06-2010 2011-2015 2016-2023 TOTAL 380 3,367 4,200 770 1,120 702 10,159 40...
Volume: 43Issue: 31Published at Mon, 31 Jul 2000