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Israel-Egypt Gas Flows Top 1bn Cfd For November, Helping Cairo Cut LNG Imports
...pplement gas, domestic output of which fell to a seven-year low 4.494bn cfd according to latest oil ministry stats (MEES, 6 December). Egypt burned an eight-year high 214,000 b/d of fuel oil in August and while it has dipped since, October’s 188,000 b/d was the highest for the month since 2014 (see ch...
Volume: 67Issue: 51/52Published at Fri, 20 Dec 2024 -
Riyadh Set To Push For Saudi Power Privatization In 2018
...rkets to fund capital programs. Most recently SEC secured a $1.75bn international syndicated loan, taking to $36.2bn the total of outside funding raised since 2007 – including a $13.2bn ‘soft loan’ from the Ministry of Finance. SEC’s lending was highest during 2014-16, with $3.7bn raised in both 2014 an...
Volume: 60Issue: 51/52Published at Fri, 22 Dec 2017 -
Morocco Diversifies Power Sources
...s started up in June 2014. Tarfaya is Africa’s largest wind farm to date, comprising 131 turbines of 2.3MW capacity each. The farm is expected to achieve a load factor of 45%, high for a wind project. GDZ Suez says Tarfaya will contribute significantly to Morocco’s target of having 42% of in...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
Algeria Awards $4Bn EPC Contracts For Six CCGT Plants
...time to help meet summer 2014 peak demand. Renewables Plans Sonelgaz’s SKTM renewables subsidiary has also awarded China’s Yingli Solar a contract to design and install 233MW of solar photovoltaic (PV) capacity at four separate sites, with construction expected to begin in January 2018 and to...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013