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Mirkazemi Upbeat On Prospects For Iranian Gasoline Exports
...the sidelines of a ceremony on 18 October to mark success “in producing gasoline by Iranian petrochemical plants” that the country’s gasoline production capacity will rise by 30mn liters/day (188,700 b/d) before the end of the current Iranian year (21 March 2010 – 20 March 2011). He said this wo...
Volume: 53Issue: 43Published at Mon, 25 Oct 2010 -
BSF Sees Saudi Business Confidence Recuperating In 4Q10
...s a vast improvement on 46.5% in 3Q10. While responses were weaker than those posted in 2Q10, they supported expectations of a “turnaround in economic growth,” with GDP forecasted to grow at a rate of 3.8% in 2010 and 4.2% in 2011, up from 0.6% in 2009. Less volatility in equity markets in 3Q10 co...
Volume: 53Issue: 43Published at Mon, 25 Oct 2010 -
South Sudan Announces Plans For Transitional Government
...ansitional government and draft its own constitution if its residents vote to secede in a referendum scheduled for 9 January 2011. In a statement released by the oil-rich region’s ruling party, the Sudan People’s Liberation Movement (SPLM), the call for a constitutional convention would be made within a mo...
Volume: 53Issue: 43Published at Mon, 25 Oct 2010 -
Lafarge Starts Up Syria’s First Private Cement Plant
...s started operations at a local plant that is expected to attain its annual full capacity of 3mn tons/year in early 2011. The new plant is expected to meet Syria’s shortfall in cement production and is the largest private sector investment in the country to date. Last year, Lafarge Cement Syria ob...
Volume: 53Issue: 43Published at Mon, 25 Oct 2010 -
Turkey Waives Right To Export Azerbaijani Gas
...ssia, Iran, and Azerbaijan and LNG contracts with Algeria and Nigeria. The country’s natural gas consumption is expected to reach 36-37 bcm/y during 2010, and 40 bcm/y in 2011, Botas Chief Executive Fazil Senel, told Reuters on 14 October. Turkey’s Natural Gas Sales And Purchase Ag...
Volume: 53Issue: 43Published at Mon, 25 Oct 2010 -
OMV In Talks With Dogan Holding For Petrol Ofisi Shares
...en made in Cyprus or its surrounding waters, although there are reported to be promising prospects in the Greek-Cypriot offshore Exclusive Economic Zone (EEZ). ExxonMobil is to take delivery of Transocean’s Deepwater Champion drillship in the first quarter of 2011 once construction is co...
Volume: 53Issue: 43Published at Mon, 25 Oct 2010 -
Sonatrach Shortlists Firms For Tiaret And Algiers Refinery Projects
...ing on-stream in 2011, but which now looks unlikely to be completed before 2014 at the earliest. Sonatrach’s head of downstream 'Abd al-Hafid Feghouli told MEES in November last year that the company expected to see the project’s total costs reduced from $6bn to $5bn, due to the fall in co...
Volume: 52Issue: 43Published at Mon, 26 Oct 2009 -
Political Comment (26 October 2009)
...r troop withdrawals, which calls for an end to combat missions by 31 August 2010 and the removal of all US forces by the end of 2011. Obama Engages With Sudan On 19 October President Barack Obama launched what could be a new era of engagement in Washington's problematic relations with Kh...
Volume: 52Issue: 43Published at Mon, 26 Oct 2009 -
Global LNG Glut Hides Mid-Term Supply Crunch As Producers Shun New Projects
...ch unfavorable market conditions. Simon Martelli reports from the 13th International Gas Summit in Paris. There are numerous LNG plants due to start up between now and 2011, in Qatar, Yemen, Algeria and elsewhere, with an aggregate capacity of more than 95mn tons/year. Some 50% of this will co...
Volume: 51Issue: 43Published at Mon, 27 Oct 2008 -
Construction Of Burgas-Alexandroupolis Oil Pipeline Delayed By A Year
...oil from Russia. The pipeline is expected to become operational by late 2011, with construction estimated to cost €1bn (MEES, 17 March)....
Volume: 51Issue: 43Published at Mon, 27 Oct 2008 -
Political Comment (27 October 2008)
...rliamentary approval. Unfortunately that appeared to be as far as the process went, since even Mr Maliki’s ruling Shi΄a coalition, the United Iraqi Alliance (UIA), expressed misgivings about the agreement – which, inter alia, provides for US forces to withdraw from the country by December 2011 unless as...
Volume: 51Issue: 43Published at Mon, 27 Oct 2008 -
Rising EPC Costs Heighten Gas Supply Concerns
...cause of the contracting situation,” the chairman of Qatargas Faisal al-Suwaidi told MEES on the sidelines of the Paris conference. “We’re studying the reserves. But the result of that will not come before 2010 or 2011. What I mean by thinking twice relates to the high prices in the contractors ma...
Volume: 50Issue: 43Published at Mon, 22 Oct 2007 -
Peace Deal Under Threat As SPLM Withdraws From Sudan’s Coalition Government
...jected the ABC’s report as “final and binding” because of its demographic implications. Local elections are due to take place in 2009. These will directly influence the outcome of the referendum on unity, scheduled for 2011, and by extension, how much of the disputed Abyei region’s oil wealth may be...
Volume: 50Issue: 43Published at Mon, 22 Oct 2007 -
Greenspan Sees Lower Energy Intensity As Global Economy Adjusts To High Oil Prices
...en through the 1990s had eroded noticeably over the past five years, making specific reference to long-dated oil futures, which in early August breached $60/B for WTI for 2011 delivery. He also pointed out that despite the highly profitable market environment for oil producers, the expected surge in...
Volume: 48Issue: 43Published at Mon, 24 Oct 2005 -
Deutsche Bank Forecasts IRR Of 14.8% For Kashagan Partners
...leable holding, as BG chose to do earlier this year.” But, it adds, “at the point the Kashagan development becomes cashflow positive, which based on our estimates is 2011, the NPV of the project will be worth an estimated $8.6bn to each core partner.” The report goes on to say that based on book re...
Volume: 46Issue: 43Published at Mon, 27 Oct 2003 -
Economic Problems Not Politics Are Holding Up Egyptian Gas Sales to Israel
...at growing domestic demand meant that any gas exports before the year 2011 would have to come from the foreign companies' share of Egypt's gas output. Further rises in ga...
Volume: 39Issue: 43Published at Mon, 22 Jul 1996