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: 34
    Published at Mon, 23 Aug 2010
  2. KMG Announces Delay Of Kashagan Phase 2 To 2018-19

    ...2015-16. Mr Kabyldin did confirm that commercial production from Kashagan Phase 1 would start by late 2012 at an initial rate of 14mn tons/year (280,000 b/d). Output is expected to nearly double by 2014-15 to 23mn t/y (460,000 b/d). However, this is thought insufficient to justify construction of th...

    Volume: 53
    Issue: 34
    Published at Mon, 23 Aug 2010