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Middle East To Drive Gas Growth, But Is It Sustainable?
...ian countries. Spot prices in East Asia were reported at around $6.6/mn BTU in October, compared with around $12/mn BTU a year ago. “We expect LNG prices to fall by around 20% next year, and by another 18% in 2017,” Moses Rahnama, gas analyst at London-based Energy Aspects tells MEES. LNG pr...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Egypt Tying Up Gas-Fired Finance, Looks To Advance Renewables And Nuclear
...s-fired turbines will be installed in three 4.8GW combined cycle gas-turbine (CCGT) plants, at Beni Suef, Burullus and a planned new capital city 45km east of Cairo. These will be built by Egyptian firms Elsewedy Electric and Orascom Construction for start-up during 2017-20. Each plant will co...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Opec Market Share Policy To Bear Fruit Next Decade - But Not For All
...intain expensive plans to hike output. This assertion was backed up by Mr Mazru’i at Adipec in Abu Dhabi on 9 November, who stated that the fall in oil prices had not changed the country’s vision. He reaffirmed his commitment to increasing crude production to 3.5mn b/d by 2017, a target the IEA ap...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Israel Reaches Final Hurdle Before Gas Outline Implementation
...livered between 1 January 2016 and 30 June 2017, with Defa thought to favor bids that stipulate an earlier start date (MEES, 18 April 2014). Three bids are currently on the table: from a Greek consortium headed by local businessmen; from trading giant Vitol which this year opened an oil products st...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Lebanese Politicians Pass Essential Financial Laws
...oductive cabinet. LEBANON: KEY ECONOMIC INDICATORS -IMF 2011 2012 2013 2014 2015 est. 2016 est. 2017 est. GDP Gr...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015