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Sudan Prepares Policies To Prevent Post-Referendum Economic Collapse
...untry, including price increases which he said were “a very normal phenomenon.” Mr Mahmud said: “In our estimates, 2011 will be better than 2010 as this has been proven by studies we have conducted on commodity price levels, state revenues, the state’s meeting its obligations, and the availability of ha...
Volume: 53Issue: 39Published at Mon, 27 Sep 2010 -
Turkey Plans Public Offering for TPAO In 2011
...Middle East Economic Survey VOL. LIII No 39 27-Sep-2010 TURKEY Turkey Plans Public Offering for TPAO In 2011 Turkey’s Minister of Energy and Natural Resources Taner Yildiz on 21 September announced that the government in 2011 will take steps to launch an initial pu...
Volume: 53Issue: 39Published at Mon, 27 Sep 2010 -
Libya Agrees To Buy Verenex At A Discount After Blocking Chinese Deal
...visages bringing the discoveries made there on-stream by 2011 at an initial rate of 50,000 b/d of oil and 60mn cfd of gas. Along with its partner in the concession, Indonesia’s Medco Energi, which holds a 50% working interest, Verenex has spent $320mn on its exploration activities. A senior Medco of...
Volume: 52Issue: 39Published at Mon, 28 Sep 2009 -
EGAS Launches New Bid Round As Ministry Finalizes Gas Price Amendments
...cole McMahon. EGAS is hoping it will boost interest in the bidding round. The company’s chairman Mahmoud Latif said in March that the surge in local demand calls for a hike in Egypt’s gas production to 10bn cfd by 2011, from around 6bn cfd now. This will require as much foreign investment as can be mu...
Volume: 51Issue: 39Published at Mon, 29 Sep 2008 -
Sonatrach Hails LNG Production Landmark
...e at Skikda, with one more being built at each terminal. The 4.5mn tons/year train being built at Skikda by US firm KBR is due for completion in November 2011, while the new 4.7mn t/y facility at Arzew, that Italy’s Snamprogetti and Japan’s Chiyoda recently won the EPC contract for, is to begin op...
Volume: 51Issue: 39Published at Mon, 29 Sep 2008 -
Citadel-Backed Refining Project To Seek Funding Late 07/Early 08
...C. It will start up in 2011 producing 2.2mn tons/year of diesel (in line with the latest Euro V specifications coming into force in 2009) and 700,000 t/y of high octane gasoline. Egypt produces a surfeit of fuel oil (now that most power operations are switching to gas) and the refinery will use th...
Volume: 50Issue: 39Published at Mon, 24 Sep 2007 -
PDO Extends Land Rig Contracts With KCA Deutag
...O). The total contract value is around $100mn. PDO’s contracts for rigs T 44 and T 77 have been extended by four years each, to December 2011 and July 2011 respectively. The contracts for rigs 55, 66 and 63 have all been extended by two years, to September, March and June 2010 respectively. The or...
Volume: 50Issue: 39Published at Mon, 24 Sep 2007 -
UN Security Council Threatens Oil Sanctions On Sudan
...1 2010 167 38 238 444 2011 168 38 234 439 2012 163 37 222 422 2013 15...
Volume: 47Issue: 39Published at Mon, 27 Sep 2004 -
Wintershall Group Issues Statement on Arbitration Award
...rther for another 15 years till the year 2011. Wintershall also confirmed that it will not participate in the development of the North Gas Field, which is being currently undertaken by the state-owned Qatar General Petroleum Corporation (QGPC). There follows the full text of the Wintershail release as co...
Volume: 31Issue: 39Published at Mon, 04 Jul 1988