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Gulf Turns To Unconventional Gas To Ease Shortage
...ate-owned Bahrain Petroleum Company (BAPCO). Bahrain will take a decision by the first quarter of 2012 on awarding an LNG import terminal contract (MEES, 15 August) to import 400-800mn cfd of LNG for 15 years starting in 2014. But it will only drill the first Awali field pre-Khuff deep gas ex...
Volume: 54Issue: 41Published at Mon, 10 Oct 2011 -
Barzan $10Bn Gas Project Financing Attracts 30 Banks
...the ECA-covered facilities, the Japanese Bank for International Cooperation (JBIC) and Kexim are providing direct loans to the Barzan project. Pricing on the direct ECA funding typically comes in below the level paid to the commercial banks. Barzan is planned for start-up in 2014 and ex...
Volume: 54Issue: 41Published at Mon, 10 Oct 2011 -
Abu Dhabi To Take ADCO Concession Renewal Decision By Year-End
...ncession when it expires in January 2014, an official from a major tells MEES. The consortium’s international oil company shareholders are concerned that the Supreme Petroleum Council (SPC) will award fields to the lowest bidders, in a decision that will affect Abu Dhabi’s oil production for 30 years, Ni...
Volume: 54Issue: 41Published at Mon, 10 Oct 2011 -
BP’s SEEP Pipeline Option Stirs Southern Gas Corridor Debate
...rmitting process unscathed, and this is thought to involve giving them an equal share of the project’s benefits both in gas and rates of return. The problem with offering equity is the states involved, except for Turkey, will have already spent several tens of millions of euros by 2014 on integrating th...
Volume: 54Issue: 41Published at Mon, 10 Oct 2011