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Algeria: Prices Up, Volumes Down, Projects Delayed
...ole. Whilst this is only $1.6/B higher than the $51.4/B MEES factored in to its previous analysis (MEES, 25 August), the change is enough to slash the country’s expected 2017 trade deficit from $11bn to $8.6bn – and this despite MEES trimming 1bcm from its 2017 gas export forecast (see table). Of co...
Volume: 60Issue: 39Published at Fri, 29 Sep 2017 -
Qatar Boosts Revenue
...gust’s $51.9/B, September ought to prove profitable for Qatar. MEES estimates that Qatar hydrocarbon revenues are on track to come in at around $54bn in 2017. This would be a 15% increase on last year, although still less than half of 2013’s $120bn. If the recent oil price gains are sustained over the re...
Volume: 60Issue: 39Published at Fri, 29 Sep 2017 -
Bapco, Aramco Award Pipeline Contracts
...CC). At the contract signing ceremony, Bahrain’s Minister of Energy ‘Abd al-Husain ‘Ali Mirza said that the pipeline “will be finished by the end of 2017 or early 2018 and then there will be a six-month trial period.” He added that the ageing 230,000 b/d pipeline that it is replacing would be shut down in...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
Egypt Mulls PP Project At Alexandria
...Alexandria for 2017 start-up. Meanwhile, Tahrir is being developed by Dubai-based private firm Carbon Holdings (MEES, 4 April). The two linked Ethydco plants are being built by Japan’s Toyo and the ENPPI engineering unit of Egypt’s Ministry of Petroleum (MEES, 19 April 2013). ...
Volume: 57Issue: 39Published at Fri, 26 Sep 2014 -
Qatar Faces LNG Competition As Japan Diversifies Suppliers
...ptember with the Japanese government, which will help fund the planned $13bn LNG export terminal in Vladivostok. It could speed up Gazprom’s final investment decision (FID) on the initial 10mn t/y capacity plant, which is scheduled for first phase completion by 2017-20. Gazprom has said that it could su...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012