1. 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
  2. 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: 52
    Issue: 48
    Published at Mon, 30 Nov 2009
  3. 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: 52
    Issue: 48
    Published at Mon, 30 Nov 2009
  4. 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: 52
    Issue: 48
    Published at Mon, 30 Nov 2009
  5. 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: 52
    Issue: 48
    Published at Mon, 30 Nov 2009