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Iran Faces $40Bn Petchems Project Backlog, Uncertain Gas Supplies
...e crackers and polymers plants are around 60% built and intended to be brought onstream by the end of 2015. All the projects could be completed in four years’ time, she says, if the “needed timely investment” is made. NPC’s 2011 Annual Report – only recently published – says NPC’s total pr...
Volume: 57Issue: 41Published at Fri, 10 Oct 2014 -
Iran Reveals Impact Of Bushehr Outages, UAE And Jordan Pass Nuclear Milestones
...ants. Iran’s nuclear program has been blighted with a series of delays and setbacks. The 1GW capacity Bushehr plant started up on 3 September 2011 after a long and controversial stop-start development program. Plant manager Hossein Darakshande announced on 8 October that the plant had delivered 8.7TWh of...
Volume: 57Issue: 41Published at Fri, 10 Oct 2014 -
MOL Confident Of Future In Kurdistan
...erations in Syria by Croatian INA, 49% owned by MOL, remain halted. INA pulled out of Syria along with other foreign operators after the European Union imposed sanctions against Damascus in the early days of the rebellion against the Bashar al-Asad regime in 2011. Mr Dodds says he is not sure what co...
Volume: 57Issue: 41Published at Fri, 10 Oct 2014 -
Egypt Bags More Aid Amid Gaping Budget Deficit
...tual vs ‘12-13 vs budget 11mths** (to May14) Budget 2012-13 2011-12 Revenue 54...
Volume: 57Issue: 41Published at Fri, 10 Oct 2014 -
Algeria Stares Deficit In The Face
...ojected only a moderate worsening to $10.4bn this year; the actual numbers for January-August suggest $7bn will be closer to the mark. Algeria posted a $20bn surplus as recently as 2011 (see graph). Oil Prices Down The key change has been the sharp fall in crude prices since July. The average pr...
Volume: 57Issue: 41Published at Fri, 10 Oct 2014 -
Benchmark Crude Prices ($/B)
...13 2012 2011 WTI 85.77 91.44 92.26 93.13 95.95 97.25 103.00 98...
Volume: 57Issue: 41Published at Fri, 10 Oct 2014