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  1. US LNG To Challenge Qatar In Key Asian Markets

    ...A). This could mean additional competition for sales to Qatar’s key Asian customers Japan, China and India, as well as Europe from 2017, when Freeport hopes to begin exports. Of LNG importers only South Korea and Singapore currently have FTAs with the US. Freeport will be able to export a total of 1....

    Volume: 56
    Issue: 48
    Published at Fri, 29 Nov 2013

  2. Oman Takes Its Place In Gulf Refining Expansion

    ...gineering and design (FEED) for a $6bn, 230,000 b/d refinery at Duqm. DRPIC has received both technical and commercial bids for the FEED, expected to take 14 months. Delays in awarding the design work are expected to push the refinery’s target start-up date back from 2017 to 2018. Once completed, DRPIC ai...

    Volume: 56
    Issue: 48
    Published at Fri, 29 Nov 2013

  3. Hydrocarbons Remain Key To MENA Power Expansion

    ...nagement contract for PP13 and PP14 to Australia’s WorleyParsons. SEC plans to award engineering, procurement and construction (EPC) contracts for the plants in 2014 with a view to 2017 start-up (MEES, 3 May). In September, Korea’s Hyundai awarded France’s Alstom a €170mn contract for four 720MW steam tu...

    Volume: 56
    Issue: 48
    Published at Fri, 29 Nov 2013

  4. Egypt’s Gas Crunch: Is A Quick Fix Possible?

    ...me online in late 2017 at the earliest following repeated delays. “The new oil minister is trying to stimulate investment and [gas] supply, particularly from the Mediterranean. They have some deepwater and shallow water discoveries, [but] it’s pretty much stranded at the moment because of the gas pr...

    Volume: 56
    Issue: 48
    Published at Fri, 29 Nov 2013

  5. China Consolidates Its Position In The Iraqi Oil Sector

    ...conclusive. CNPC’s third success is Halfaya, where it is the operator with a 37.5% interest along with Total and Petronas (18.75% each). The field, with proven reserves of 4.94bn barrels, is expected to reach a plateau of 535,000 b/d in 2017 sustainable for 13 years. First phase development to a capacity of 10...

    Volume: 56
    Issue: 48
    Published at Fri, 29 Nov 2013