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  1. 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: 49
    Issue: 38
    Published at Mon, 18 Sep 2006

  2. 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: 49
    Issue: 38
    Published at Mon, 18 Sep 2006