1. GTL Costs Under The Microscope As Qatar Inaugurates $18.5Bn Pearl Plant

    ...id in its June financial report that Oryx will debottleneck to boost capacity 10% by 2014. The increase is a scale-down from previous plans to add a further three trains, taking total capacity to 100,000 b/d. ‘Huge Capex Costs’ Furthermore, MEES learns that the costs for building such a plant ha...

    Volume: 54
    Issue: 48
    Published at Mon, 28 Nov 2011
  2. Gulf Sukuk Issuers Brave Volatile Markets

    ...ll be much better, he warned. With the amount of debt maturing in the Gulf set to spike in 2012-14, Gulf bond issuers are facing rising refinancing risks, cautioned Standard & Poor’s Rating Services (MEES, 21 November). Bonds and sukuk worth $25bn will mature in 2012, rising to $35bn in 2014, ac...

    Volume: 54
    Issue: 48
    Published at Mon, 28 Nov 2011
  3. Turkmenistan Tilts Towards West, Considers Rapprochement With Azerbaijan

    ...PC and Turkmengaz, once the 1,000km, 30 bcm/year capacity East-West pipeline is com-pleted in 2014. On top of that, the former head of Turkmengaz noted, “as early as 2011, Turkmenistan needs a market for gas produced by the Malaysian Petronas company on an offshore block at a rate of 5 bcm/y.” Me...

    Volume: 53
    Issue: 48
    Published at Mon, 29 Nov 2010
  4. Iran Wants To Renegotiate Offshore Gas Treaty With Qatar

    ...ing back the gas that has migrated.” Qatar has a moratorium on further new development projects before 2014, when it will complete its study into the field’s depletion. But QP engineers complain that to calculate the rate they need meaningful figures from Iran about its extraction plans, but ar...

    Volume: 53
    Issue: 48
    Published at Mon, 29 Nov 2010
  5. Looming Gas Glut And Upstream Constraints Hamper North African Export Plans

    ...a conference in Cagliari last week that the project was now expected to start up in 2014, with delays caused by the authorization process taking longer than planned. When the intergovernmental agreement between the two countries was signed two years ago, the project’s envisaged start up date was Ma...

    Volume: 52
    Issue: 48
    Published at Mon, 30 Nov 2009