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Iraqi Electricity Industry Poised For 20,000MW Lift-Off
...ve languished in warehouses until now. But, even discounting the mega-deal purchases, Iraq plans to spend around $4.5bn/year, or some $27bn up to 2017, on its electricity sector (see table). This 2012-17 spend will break down as follows: $14bn for generation, $5bn for transmission and $8bn for di...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012 -
Chevron Neutral Zone Delay Jeopardizes Kuwait 2020 Crude Target
...udhatain fields, starting in August 2013. Ms Hashim and KOC chief Sami Al-Rushaid, have both said that the region’s production capacity will reach 1mn b/d in 2017 through opening three new crude collection centers, a 400,000 b/d water injection project, 400 wells and an oil pipeline to Mina al-Ah...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012 -
Cyprus Nears Exploration License Awards, Says Minister
...early 2013 and the LNG project proposal. “Noble has given us a very good plan explaining all the requirements for developing Block 12,” he said, but added that it will be 2017 before Block 12 gas will be available for domestic use. For that reason Cyprus must find an interim gas supply fo...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012 -
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 -
Algeria Advances Refining Expansion With Start Of Biskra Construction
...0,000 b/d set to come onstream by 2017. The Biskra plant will produce 500,000 t/y (11,600 b/d) of gasoline, 220,000 t/y (7,000 b/d) of LPG and 169,000 t/y (3,600 b/d) of Kerosene, according to energy minister Youcef Yousfi, speaking at the launch. Three further plants of “similar” configuration ar...
Volume: 55Issue: 39Published at Fri, 21 Sep 2012