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Iraq’s Northern Oil Infrastructure Under Attack From Islamic State
...vember Kasak 10 Restarted in 2017 following IS damage Qayara 14 Restarted in 2017 following IS da...
Volume: 63Issue: 51Published at Fri, 18 Dec 2020 -
DME Oman: Assessing A Key Middle East Benchmark
...E Oman to regional NOCs and support them in finding the fair value of crude oil.” The biggest target for DME would be Iraq, which was considering switching from Platts Oman-Dubai to the DME Oman/Platts Dubai combination in 2017 (MEES, 15 September 2017). With production capacity of 5mn b/d, Ir...
Volume: 63Issue: 51Published at Fri, 18 Dec 2020 -
Leviathan: Stranded Between Low Prices And Anti-Netanyahu Backlash?
...te 2017,” Mr Davidson said (MEES, 2 May 2014). Mr Fisher now says the “timeframe from sanction to production” will be “anywhere from three to four years” – that is to say early next decade at best. Currently Tamar is Israel’s only producer with first phase capacity of 1.2bn cfd – production hit a re...
Volume: 58Issue: 51Published at Fri, 18 Dec 2015 -
Sabic And Exxon Start First Saudi Elastomers Plant
...astomers capacity in 2016 or early 2017. The 50/50 Kemya JV was established between Sabic and ExxonMobil’s Exxon Chemical Arabia affiliate in 1980 and began producing polyethylene in 1984. Kemya currently produces 700,000 t/y of ethylene and 1.1mn t/y of polyethylene for sale in the domestic, regional an...
Volume: 58Issue: 51Published at Fri, 18 Dec 2015 -
Bahrain Signals Start Of Sitra Refinery Expansion, Targets 2020 Start-Up
...finery. Bapco and Saudi Aramco awarded $300mn of EPC contracts for the pipeline recently, for completion in late 2017/early 2018 (MEES, 25 September). SITRA BY NUMBERS Sitra refinery currently receives crude through an ageing 230,000 b/d pipeline, which is due to be shut down in 2018, from Dhahran in...
Volume: 58Issue: 51Published at Fri, 18 Dec 2015 -
Jordan Powers Ahead With Renewables Expansion
...mpany plans to add another HRSG on at the Samra plant, which will add 75MW of capacity by the end of 2017 without burning any more gas. SOLAR NEXT Tafila is Jordan’s first utility-scale renewables project, and is a milestone on the kingdom’s path to reduce its heavy reliance on imported oil and ga...
Volume: 58Issue: 51Published at Fri, 18 Dec 2015 -
Prices Hit 11-Year Lows With No Sign Of A Reprieve
...Oil prices are testing lows not hit since early 2004. Amid increasingly bullish signs that Iranian output will ramp up sooner rather than later, a market rebalance may have to wait to 2017. The IEA, in its 11 December oil market report, revises down its ‘call on Opec’ forecast for the fo...
Volume: 58Issue: 51Published at Fri, 18 Dec 2015 -
Egypt Secures $1bn Funding For Gas-Fired power, $500mn For Energy Reforms
...0mn to support “ongoing bold economic reform” and sustain economic growth. AfDB says this will be the first of three loans, with others to come in 2016 and 2017, under its Governance and Energy Support Project. AfDB says the project will target three critical areas of reform: increasing government re...
Volume: 58Issue: 51Published at Fri, 18 Dec 2015 -
Egypt Scraps Plan To End Energy Subsidies
...2% in fiscal 2014-15, up from 2.2% in the previous year. Mr Isma’il says the government is targeting GDP growth of close to 6% and a reduction in the budget deficit to 8.5% by the end of the 2017-18 fiscal year. EGYPTIAN REVENUE AND SPENDING (E£ bn) FIGURES ARE FOR FINANCIAL YEARS ST...
Volume: 58Issue: 51Published at Fri, 18 Dec 2015 -
Chevron’s Neutral Zone Steam Injection Project To Cost $10-15Bn
...mping up steeply from first steam injection in 2017 to 100,000 b/d by mid-2019 and 300,000 b/d by end-2021, reaching full output in about 2026. This would plateau for two or three years before falling to 300,000 b/d by about 2040. Production from the Neutral Zone’s four onshore fields, South Umm Gu...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
Final Phase In Battle Of The Caspian Gas Pipelines
...stern Thrace via Ukraine, Romania and Bulgaria. Ankara plans to make up for this loss by increasing its LNG imports to augment the flow of Russian gas via the Blue Stream pipeline until it can begin receiving the Shah Deniz Stage 2 gas in 2017. TANAP Twist The second of these developments was the an...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
Despite Claim Of Breakthrough, Climate Change Conference Makes No Real Progress
...e conference could not agree to draw up a new pact for the governance of carbon dioxide emission and therefore agreed to extend the existing 1997 Kyoto Protocol – due to expire in 2012 – by a further five years, until 2017. The US never ratified the Kyoto Protocol because it did not include re...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
Shah Deniz To Reach EU Gas Pipeline Decision By June 2012
...ogram. The Shah Deniz partners have said that the first Stage 2 gas will flow into Turkey in 2017, while the 10bcm/year capacity pipeline to Europe would be filled by 2019 at the latest. An apparent discrepancy between Mr Mammadyarov’s pronouncements and the consortium’s plans was addressed by Socar Pr...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
Shuweihat S3 Power Deal Suggests Dip In Financing Costs
...e issue. It will build four nuclear reactors costing around $20bn, but the first will not come on line until 2017, when power demand is forecast to hit 21.075gw. However, a UAE power expert said that before the nuclear plants start up, Abu Dhabi will still need to increase conventional power pr...
Volume: 53Issue: 51Published at Mon, 20 Dec 2010 -
Algeria’s Bid Round Disappoints, Economic Crisis And Tougher Terms To Blame
...mestic gas consumption to rise from an estimated 27.4 bcm this year to between 49.6 bcm and 67.1 bcm in 2017, according to different scenarios. Alnaft Chairman Sid 'Ali Betata was quoted by Algeria’s official daily El Moudjahid as saying that the 12 unawarded permits would be reoffered in 2009, in...
Volume: 51Issue: 51Published at Mon, 22 Dec 2008