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OPEC Sees Future Riven With Uncertainty Despite Tentative Economic Recovery
...finery closures, and the talk of re-openings, appears to contradict the stark realities of refining, especially in the industrialized regions of the world.” OPEC World Oil Outlook 2010 (Mn B/D) 2010 2011 2012 2013 2014 2015 20...
Volume: 53Issue: 45Published at Mon, 08 Nov 2010 -
Egypt Poised To Hit GDP Growth Target, But Long Term Challenges Linger
...ctor activity and lower the country’s deficit, as well as the revitalization of external demand through global economic recovery. Reforms targeting energy subsidization for companies, meanwhile, may not be fully implemented until after 2011’s general election. Though the impact of the global ec...
Volume: 53Issue: 45Published at Mon, 08 Nov 2010 -
Ukraine To Relaunch LNG Project
...ev was planning to relaunch in early 2011 a plan to construct the country’s first LNG regasification terminal that “will allow [by 2016] 10 bcm/year of gas or 20% of our gas balance to be imported.” He said that he project is estimated to cost around $4bn and will be developed on a build-own-op...
Volume: 53Issue: 45Published at Mon, 08 Nov 2010 -
Noble Energy To Drill Offshore Cyprus After October 2011 Under PSC Terms
...Middle East Economic Survey VOL. LIII No 45 8-Nov-2010 CYPRUS Noble Energy To Drill Offshore Cyprus After October 2011 Under PSC Terms MEES learns that Noble Energy is obliged un...
Volume: 53Issue: 45Published at Mon, 08 Nov 2010 -
Kuwait Struggles To Boost Gas And Northern Fields Condensate
...the first quarter 2011, he said, and 600mn cfd by 2013 – on target with the original schedule. Shell joined the project under an Enhanced Technical Service Agreement earlier this year. Doubts remain, however, about whether the project, which has been delayed three years, will meet the de...
Volume: 53Issue: 45Published at Mon, 08 Nov 2010 -
Oman Bases 2011 Budget On $58/B Oil
...Middle East Economic Survey VOL. LIII No 45 8-Nov-2010 OMAN Oman Bases 2011 Budget On $58/B Oil Oman’s 2011 budget will be based on an oil price assumption of $58/B, according to a de...
Volume: 53Issue: 45Published at Mon, 08 Nov 2010 -
Shell Marks Progress On Offshore Installations For Pearl GTL Project
...d will be left unmanned during normal operations, with all natural gas processing occurring onshore. Shell expects to get first production from the first of its two 70,000 b/d GTL trains by early 2011, using gas from the North Field. Full operations are expected to commence by 2012, at which po...
Volume: 53Issue: 45Published at Mon, 08 Nov 2010 -
APICORP Posts 42% Net Income Rise In First Nine Months
...id. “We see MENA energy capital investments recovering quickly from the post-crisis contraction with investment potential rising to $615bn in the 2011-15 period.” The bank’s first bond denominated in Saudi riyals, of SR2bn ($533bn) value, was oversubscribed by three times in October (MEES, 25 Oc...
Volume: 53Issue: 45Published at Mon, 08 Nov 2010