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Iraq Concludes Oil Port Expansion, Zooms In On Asian Market
...rkovers have been completed on three wells to handle rising water levels. Production from the 4.1bn barrel field is currently estimated at around 120,000 b/d and is set to rise to 535,000 b/d by 2017. The operator has announced the start of second phase development, with the arrival of four new Chinese dr...
Volume: 56Issue: 42Published at Fri, 18 Oct 2013 -
Glimmers Of Hope As Egypt Craves Stability
...lta, a project whose start-up date has been pushed back by three years to 2017. Egypt is also taking first steps towards developing unconventional reserves. US independent Apache is looking to move forward with exploration activity for tight gas in the Western Desert by drilling seven or eight te...
Volume: 56Issue: 42Published at Fri, 18 Oct 2013 -
Saudi Arabia Looks To Hold Steady Around 10mn B/D Through Year-End
...aybah and Khurais fields by 2017. At current production, estimated by MEES at 10.11mn b/d in September, Saudi Arabia is left with close to 2.4mn b/d of spare production capacity. For Riyadh to maintain spare capacity at 2.5mn b/d for the medium term (including neutral zone production), would su...
Volume: 56Issue: 42Published at Fri, 18 Oct 2013 -
Shuweihat S2 Inaugurated As Abu Dhabi Expects Demand Growth
...neration and is currently building four nuclear plants at Barakah with a combined generating capacity of 5.6GW. They are scheduled to be brought into operation during 2017-20 (MEES, 11 October). The emirate is also looking to build a 100MW waste-to-energy plant for start-up in 2016-17 (MEES, 27 Se...
Volume: 56Issue: 42Published at Fri, 18 Oct 2013 -
Iraqi Deputy Prime Minister Warns On KRG Exports
...neration capacity. So far we have signed contracts for 20GW and more are in the pipeline. All these will be gas fired. Although our production of associated gas will increase by 2017-18, we will be needing all our gas for our domestic power plants. Beyond that date, there will be some surplus available fo...
Volume: 56Issue: 42Published at Fri, 18 Oct 2013