1. Egypt Receivables Hit $6.3bn, Up Almost $1bn From Start Of 2015

    ...ergy (formerly Citadel Capital), is spending €100mn on building a 180MW combined cycle gas turbine power plant which will burn Abu Qir gas from 2017 (MEES, 7 August). Croatia’s INA said in its H1 results that Egyptian receivables were up on end-2014 but without giving any details. TRANSGLOBE: DI...

    Volume: 58
    Issue: 33
    Published at Fri, 14 Aug 2015
  2. MENA Nuclear Progress Gathering Pace

    ...ergy Research Institute (Kaeri) for a three-year study into the feasibility of deploying Korean-designed modular 330MW reactors within the kingdom. Kaeri is building a demonstration plant for start-up in 2017. Jordan and Russia have signed an intergovernmental agreement for the first of two 1GW re...

    Volume: 58
    Issue: 33
    Published at Fri, 14 Aug 2015
  3. Shell’s Cost Cutting Hits UAE Gas, Iraqi Oil

    ...vestment decision (FID) for the Bab sour gas project in Abu Dhabi until 2017 while stepping down from the competition for a slice of the UAE’s onshore oil concession, as part of a plan to cut costs and prioritize only the most affordable upstream projects. The moves confirm the ongoing trend of project ca...

    Volume: 58
    Issue: 33
    Published at Fri, 14 Aug 2015
  4. Iraq ‘Below Investment Grade’ Ahead Of Bond Issue

    ...2016, although it will remain large and another more substantive IMF program is likely in 2016, while a small deficit is forecast for 2017. The agency adds that the Iraqi government has cleared $9bn in payment arrears to international oil companies (IOCs) that were run up in 2014.  REFORM PLAN AP...

    Volume: 58
    Issue: 33
    Published at Fri, 14 Aug 2015