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Risk At Center Of Oil Industry Outlook
...emselves. Some of the equipment is over 50 years old. This should have been the priority, not increasing production capacity.” He said that contracts in place in Iraq were intended to raise total production capacity to 13.2mn b/d by 2017, “but none of the institutions now accept this plan. The Ministry of...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Turkey Allows Russian Gas Import Deal To Expire In Move To Open Up Market
...ojects have submitted bids for Stage 2 gas from the offshore Shah Deniz gas field, due to come on-stream in 2017 (MEES, September 26). Production of Shah Deniz 2 gas is set at 16 bcm/y, of which Turkey has already been allocated 6 bcm/y. Turkey’s Natural Gas Sale And Purchase Agreements Ag...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011