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APICORP Prepares To Launch First Ever Bond
...mmented APICORP’s Chief Executive and General Manager, Ahmad Bin Hamad al-Nuaimi. MENA energy capital investment growth will recover from post crisis contraction, climbing to $615bn in 2011-15 from $550bn in 2009-14, suggests APICORP’s Senior Consultant Ali Aissaoui (see page 27). For APICORP’s bo...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
Aksa Enerji Awards Samsun Power Plant Contract To Wartsila
...stallation of a new gas-fired unit with a rated output of 18.3mw. Wartsila said in a statement that the scope of supply also includes the controls, automation and auxiliary equipment for the fuel gas, charge air, cooling and exhaust gas systems. When the new engine is commissioned in 2011, the plant will ha...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
MENA Energy Investment Outlook: Recovery Despite Uncertainty
...shall provide insight into the key trends and challenges facing energy investments in the Middle East and North Africa (MENA) for the five-year period 2011-15. The context of the review is that of a global demand for energy gradually recovering and of crude oil prices stabilizing within an ad...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
Pressure Mounting On Iran’s Energy Sector, Despite Closer Ties With China
...nsultant Mehdi Varzi. “Iran has had to go further and further east. So Chinese companies have come in, Russian companies have said they’re going to commit themselves. But the whole process is very belated… The Iran LNG project is supposed to come on-stream in 2011. I would say that it can only come on-st...
Volume: 52Issue: 40Published at Mon, 05 Oct 2009 -
Jordan Signs Agreement For Qatraneh Power Project
...10, while the second combined cycle phase will become operational in August 2011. Jordan needs to increase generation capacity by around 300mw annually to meet rising electricity demand, according to the Ministry of Energy and Mineral Resources strategic plan....
Volume: 52Issue: 40Published at Mon, 05 Oct 2009 -
Emerging Market Sovereign Credit Resilient To Recent External Shocks, Says S&P
...sitive real per capita income growth in 2009, while eight will continue to contract in 2010. The fiscal position of almost every government will be worse than that of the preceding five years as automatic stabilizers operate. Comparing 2007 with 2011, government debt levels are expected to increase by...
Volume: 52Issue: 40Published at Mon, 05 Oct 2009 -
Armenia To Lose Russian Gas Subsidies
...e gradual harmonization in the prices paid by Armenia with what Gazprom charges its European clients. This should be achieved by 2011. Armenia will pay $154/1,000 cu ms for gas next year, 40% up from the current price, rising to $200/1,000 cu ms in 2010. Next year’s pricing will come into effect on...
Volume: 51Issue: 40Published at Mon, 06 Oct 2008 -
Sinopec To Take Over Canada’s Tanganyika Oil
...volved in a 100,000 b/d refinery project in Abu Khashab, northeast of Deir Ez-Zor, planned to start up in 2011. Given China’s rising demand for energy, Chinese companies are expected to press on with efforts to boost their oil investments in the oil producing areas of the Middle East. To go through, the Ta...
Volume: 51Issue: 40Published at Mon, 06 Oct 2008 -
North Africa Targets 1.3Mn B/D New Refining Capacity By 2012 Despite Cost Threats
...mpletion in 2011. Separately, a $1.5bn contract for the construction of a fluid catalytic cracking unit (FCC) and 100,000 b/d fuel oil processor at 'Ain al-Sukhna in the Gulf of Suez is due to be awarded next month. Libyan Refinery Plans Languish Two decades of economic sanctions took their toll on...
Volume: 50Issue: 40Published at Mon, 01 Oct 2007 -
Norway’s NPD Forecasting 6% Annual Decline In Liquids Production To 2011
...Middle East Economic Survey VOL. L No 40 01-October-2007 Norway’s NPD Forecasting 6% Annual Decline In Liquids Production To 2011 Norway’s National Petroleum Directorate (NPD) has forecast a steady decline in liquids output over the period 2007-11, although rising gas production wi...
Volume: 50Issue: 40Published at Mon, 01 Oct 2007