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Kuwait And China Begin Construction Of $9.3Bn Refinery/Petchem Project
...March (MEES, 21 March). KPC has since said it is still on the lookout for an international oil company with which to partner on some of its 50% stake in the project. With plans to have it online and operational by 2014-15, the project will secure a stable outlet for Kuwaiti crude oil as KPC lo...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
TPAO And Shell Sign Farm-In Accord For Offshore Antalya Blocks
...ploratory drilling in 2014 or later. Turkey has had the blocks along its southern Mediterranean coastline open for tendering for several years. Most of Turkey’s offshore activity has been concentrated in the Black Sea in recent years, but discoveries offshore Israel and the start of drilling in Se...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
Shell, BP And BG In Talks With Cyprus For LNG Import Terminal
...by early next year (MEES, 30 August). Cyprus is hoping for LNG to start arriving in 2014 at its proposed southern Vasilikos site as part of a 20-year supply agreement. Currently Cyprus generates electricity primarily through burning fuel oil....
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
BP Strikes Gas On West Nile Delta Concession
...velopment of five offshore fields into a new onshore gas plant, with first gas anticipated for late 2014 (MEES, 26 July)....
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
Turkmenistan And Eni Sign Cooperation Agreement
...ose operating in Azerbaijan’s offshore section and that the gas be exported through Azerbaijan and Georgia to Turkey. The Nabucco Gas Pipeline project is scheduled to come into operation in 2014 with supplies of Azerbaijani and Iraqi natural gas, but Nabucco consortium members are keen to add Tu...
Volume: 52Issue: 48Published at Mon, 30 Nov 2009 -
Nabucco Claims To Be Most Economic Gas Route For Europe, Suppliers
...pex Start Project Owner (bcm/y) (km) (km) (km) (€Bn) Date Nabucco 25.5-31.0 3,300 + 690 = 3,990 8.0 2014 RWE/OMV/MOL/BEH/Botas/ Transgaz South St...
Volume: 52Issue: 48Published at Mon, 30 Nov 2009 -
GE Capital Issues Five-Year, $500Mn Sukuk
...rporate issuer of sukuk (Sharia compliant bonds). Proceeds are expected to be used for general corporate purposes. MEES learns that the settlement date was on 27 November; the GE sukuk will then mature on 26 November 2014. The transaction was priced at 175 bps over five-year Treasury yields for a re-of...
Volume: 52Issue: 48Published at Mon, 30 Nov 2009 -
Takreer Awards Ruwais Port Construction Contract To Korea’s GS
...port facilities at Ruwais, 250km west of Abu Dhabi. The port will handle crude oil and products. Earlier this month GS won a $3.1bn contract to build a residue fluid catalytic cracker for a new refinery at Ruwais. The plant is set to be completed by 2014, as part of the wider Ruwais Refinery Ex...
Volume: 52Issue: 48Published at Mon, 30 Nov 2009 -
Russia Remains At Odds With Other CPC Partners Over Pipeline Expansion
...pensive than that charged by Russian pipeline monopoly Transneft for transport through its system. Moscow is said to be looking to have the debt paid down by 2012 instead of 2014 as previously planned. Moscow is also said to want the consortium run by a board of directors instead of a shareholders’ co...
Volume: 49Issue: 48Published at Mon, 27 Nov 2006 -
NIOC Officials Update On Oil Production And Refining Targets
...OC) Managing Director Gholamhossein Nozari announced on 20 November that the company was aiming to increase its oil production capacity to 7mn b/d by 2014, while at the same time increasing gas production capacity to 1.565bn cmd (55.30bn cfd). Addressing the 11th International Oil & Gas Forum in Te...
Volume: 49Issue: 48Published at Mon, 27 Nov 2006