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From Glass Box To Smoke-Filled Room: How Rumaila Contract Was Renegotiated
...tural resources. The issue is especially pertinent, as the total Iraqi production according to the contracts awarded in the two auctions of 2009 is projected to be over 12mn b/d by 2017, up from around 2.5mn b/d today. If this were achieved, it would crash the oil price, and Iraqis would get less in...
Volume: 54Issue: 36Published at Mon, 05 Sep 2011 -
Syria Signs 10-Year PSC Extension Agreements With Shell And Total
...cember 2008 and 31 December 2017. AFPC’s crude production peaked at 400,000 b/d in 1994, but has since fallen to 180,000 b/d in 2005 and around 140,000 b/d in 2007. Output from AFPC in the first quarter of the year was estimated at 120,000 b/d, according to Mr 'Alaw (MEES, 14 April). Total And Sy...
Volume: 51Issue: 36Published at Mon, 08 Sep 2008 -
Azeri Energy Minister Announces Readiness To Join Nabucco Project
...bucco – one branch of a gas pipeline which will give us the opportunity to deliver gas from the Caspian region to Europe.” Mr Aliyev also noted that Azerbaijan estimated that its future gas production would reach 32 bcm/year by 2014 and 40 bcm/y by 2017. This was the first time the Azeris have su...
Volume: 51Issue: 36Published at Mon, 08 Sep 2008