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Hawrami Eyes Filling Half Nabucco, As Pipeline Consortium Targets Iraqi Gas
...on as 2014, Mr Hawrami says. Last year, OMV and MOL formed a joint venture with the UAE’s Crescent Petroleum, potentially worth $8bn, for the development of the Khor Mor and Chemchemal fields to supply gas into Nabucco (MEES, 25 May 2009). A dispute between Mr Hawrami and Crescent put a stop to dr...
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
CPC Considering Borrowing $1Bn For Pipeline Expansion
...pacity from 28mn tons/year to 67mn t/y by 2014. Mr Tarakanov said in July that pipeline throughput is currently 34mn t/y, aided by the utilization of drag reducing agents. Phase 1 of the expansion, which would be completed in 2012, would raise throughput capacity to 35mn t/y....
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
Cyprus Expects LNG Delivery Negotiations To Conclude In Six Months
...ppliers of LNG to be concluded within six months, Costas Ioannou, Executive Chairman of the Public Natural Gas Company (DEPA), told the Cyprus Mail on 24 August. Last November Nicosia invited bids on a 20-year contract for delivery of 1 bcm/year of LNG beginning 2014. The government plans to build a €80...
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
EIB Lends Egypt $300Mn For North Giza Power Plant
...lp fund the development of a major new power station on the outskirts of Cairo. State news agency MENA said that the North Giza Power Plant would cost E£120bn ($21bn) and would start operations in 2014. The 1.5gw combined cycle gas turbine (CCGT) plant will use natural gas as a main fuel and light di...
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
SEC Approves $3.92Bn In New Power Projects
...wer plants – at Rabigh, Riyadh and Qurrayah – between April 2012 and April 2014, adding 5.2gw in new capacity....
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
TAQA Boosts Dutch Gas Storage Stake
...mid-2010 for commercial operation start-up in 2014. However, some local governments are opposing the scheme as they fear seismic disturbance. For TAQA, it represents diversification away from Abu Dhabi and power generation, on which the firm was originally based. It also means a cautious ex...
Volume: 53Issue: 35Published at Mon, 30 Aug 2010