1. Regional Implications For BG’s Renegotiated Gas Price In Oman

    ...cautiously optimistic, but there will be more clarity in 2011 and 2012, when BG and BP have confirmed their positions,” he said. On the LNG side, BP’s contract to lift 800,000 tons/year expires at the end of 2009, and this will free up more gas for domestic use, and take idle LNG capacity fr...

    Volume: 52
    Issue: 46
    Published at Mon, 16 Nov 2009
  2. North Africa Embraces Renewable Energy  

    ...0mw in Egypt, with another 120mw of capacity under construction. The Egyptian Wind Energy Association estimates that the country will be have the capacity to generate 1.05gw from wind power by 2011. But even if these projects are realized, in the short term wind power will contribute just a small fr...

    Volume: 52
    Issue: 46
    Published at Mon, 16 Nov 2009
  3. Occidental, Mubadala and NOGA Finalize Awali Joint Venture

    ...2011. By 2016, it should grow to 102,300 b/d, before reaching a peak of 112,600 b/d in 2019.” Mr Monfaridy added that production capacity would begin to decline slowly after 2020. Gas production capacity is expected to reach a peak of 2.75bn cfd in 2020, and hold steady until 2024, said Mr Mo...

    Volume: 52
    Issue: 46
    Published at Mon, 16 Nov 2009
  4. Eni And KMG EP Sign Upstream, Downstream MOU

    ...pected to begin in 2011 (MEES, 9 November).   Two minority shareholders in Dragon Oil have said they will reject the offer made by ENOC to purchase all the shares of the company for £4.55 in cash for each share. Baille Gifford & Co, which holds 4.2% of Dragon, and Noster Capital, with 0....

    Volume: 52
    Issue: 46
    Published at Mon, 16 Nov 2009
  5. Israel’s Mekorot To Build Desalination Plant In Cyprus

    ...move into sectors such as water and energy,” a spokesperson for Logicom told MEES. “We have started construction, though we are still in the design phase of the process. The structure is expected to be completed within 24 months, by August 2011,” said Logicom....

    Volume: 52
    Issue: 46
    Published at Mon, 16 Nov 2009
  6. Iran’s Inflation Rate Falls To 16.7% In October 

    ...10-11) 2.569 1390 (2011-12) 2.138 1391 (2012-13) 1.852 1392 (2013-14) onwards 5.287...

    Volume: 52
    Issue: 46
    Published at Mon, 16 Nov 2009
  7. Saudi Aramco Expands Petrochemicals Operations

    ...ceive benzene and paraxylene feedstock from the aromatics complex. A propylene unit will utilize ethylene and a mixed C4 stream, and will also supply the derivatives units. If the project gets final approval, construction should begin in 2011 with start‐up due late in 2014. Fujian involved ex...

    Volume: 52
    Issue: 46
    Published at Mon, 16 Nov 2009