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Europe Strengthens Energy Links With Africa, Despite Security Challenges
...rm is developing, and which are now expected to come on-stream in 2011, lie just next to Eni’s existing assets. FCP said earlier this year that the block’s gas processing plant would have an initial planned capacity of 260mn cfd of gas and 20,000 b/d of liquids (MEES, 31 March). Over the last ye...
Volume: 51Issue: 38Published at Mon, 22 Sep 2008 -
A Lesson Learned?
...an current demand. If their demand estimate for 2011 were adjusted downward by the 10% suggested by the 1980s experience, with a resumption of a 1% growth thereafter, the requirements for OPEC crude would be reduced to the point that the OPEC members would again be squabbling and cheating on qu...
Volume: 51Issue: 38Published at Mon, 22 Sep 2008 -
Egypt To Raise Crude/Condensate Output 100,000 B/D By Mid-2008
...oject in the governorate of Kafr al-Shaikh with an investment of around $10.5bn. The complex would be located at Matobas and would use 300,000 b/d of crude oil to be imported. Minister of Petroleum Sameh Fahmy said in 2006 that the Kafr al-Shaikh project was planned for completion in 2011. Under th...
Volume: 50Issue: 38Published at Mon, 17 Sep 2007 -
PTT Sees Rising Prices As Barrier To Iranian LNG Supply Deal
...livery of 3mn t/y beginning in 2011 (MEES, 10 July 2006). On 13 September Mr Kwangsukstith said PTT was in talks to secure alternative supplies in the face of delays to Pars LNG....
Volume: 50Issue: 38Published at Mon, 17 Sep 2007 -
Current KPC Strategy Has Achieved Only Half Its Goals, Says Buqrais
...isis affecting the country’s power generation sector amid rising electricity demand. He added that the current budgeted price for the new refinery, $15bn (the previously published figure was $14bn) would apply only if the refinery stuck to its current schedule of completion in 2011. Any further de...
Volume: 50Issue: 38Published at Mon, 17 Sep 2007 -
Saudi Arabia Targets 12.5Mn B/D Oil Capacity By 2009, Says Naimi
...pacity added in 2011. Manifa, which was discovered in 1958 and plugged in 1980, is problematic because of the high sulfur content in its Arab Heavy crude oil (28° API) reserves (MEES, 4 September). Saudi Arabia says its oil production capacity now stands at 11.3mn b/d following the inauguration of th...
Volume: 49Issue: 38Published at Mon, 18 Sep 2006 -
QP Urges LNG Lenders To Accept More Risk As Pricing, Spot Sales Evolve
...ock of engineering, procurement and construction (EPC) costs. While QP has not given clear indications on the length of the moratorium, Mr Kharbotli emphasized that LNG “has been and still is the bulk of QP’s investment.” Qatargas and RasGas (which will have a combined capacity of 77.2mn t/y by 2011...
Volume: 49Issue: 38Published at Mon, 18 Sep 2006 -
NIORDC Aims To Raise Gasoline Production Capacity To 767,380 B/D By 2010
...owth, and with capacity expansion proceeding as planned, consumption would reach 607,600 b/d by end-March 2010 and 668,360 b/d by end-March 2011, so that the incremental capacity would take Iranian gasoline production back into surplus....
Volume: 48Issue: 38Published at Mon, 19 Sep 2005