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  1. Egyptian Refinery Takes Top Spot In African Project Financing

    ...C) consortium along with GS Engineering and Construction. The contractors estimate that they will complete construction and operational testing in the second half of 2014, with full operations beginning in 2015. With $2.6bn coming from senior and subordinated debt, the remaining $1.1bn of the $3....

    Volume: 53
    Issue: 33
    Published at Mon, 16 Aug 2010

  2. BP And Socar Sign MOU Covering Shafag Asiman Offshore Structure

    ...oduction. The second development phase will produce an additional 16 bcm/year once it comes on stream, sometime between 2014 and 2016. Turkey will take 6 bcm/y of the new production, leaving 10 bcm/y available to other customers. A spokeswoman said on 4 August there are three pipeline projects planned by...

    Volume: 53
    Issue: 33
    Published at Mon, 16 Aug 2010

  3. Saudi Arabia Approves $385Bn Development Plan

    ...hieved a GDP growth of 5.2% in 2009 (at constant 1999 prices), per capita income is expected to rise from SR46,200 ($12,320) in 2009 to SR53,200 ($14,187) in 2014. Over the plan period, private sector GDP is projected annually to grow at the rate of 6.6% and the non-oil sector by 6.3%. Total investment wi...

    Volume: 53
    Issue: 33
    Published at Mon, 16 Aug 2010