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TransGlobe Targets Egyptian Growth Despite Delayed Payments
...ly 2011, first oil expected mid-2012 (800-1,200 b/d). Exploration permit expires June 2014. **South Alamein W Desert 50% (op)**, El Paso 50% 0 0 0** 20...
Volume: 55Issue: 18Published at Mon, 30 Apr 2012 -
Turkey And India Eyeing Qatari LNG
...r year to India in 2004, and a further 3.7 bcm/y beginning in January 2010. India is also set to purchase around 2 bcm/y of LNG from the $36.8bn Australian Gorgon project, beginning in 2014. Turkey And India LNG Imports In 2010 Turkey In...
Volume: 55Issue: 18Published at Mon, 30 Apr 2012 -
Dow Seeks Local Partner For New Coatings Plant
...nstructed in Jubail Industrial City, to be operational in 2014. It will be located next to the $20bn Sadara 3mn tons/year integrated petrochemical project which is being implemented by Dow and Saudi Aramco (MEES, 2 April). The spokesperson said that at this stage it is too early to say conclusively whether an...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Permit Approvals Set To Boost Apache’s Egyptian Production
...important component of its future Egyptian operations. Meanwhile, a compression project due onstream in 2014 will help prolong plateau wet gas production – and provide an initial 12,000 boe/d boost – at the Qasr field on the Faghur basin’s Khalda concession. ...
Volume: 55Issue: 14Published at Mon, 02 Apr 2012 -
Qatar’s $5Bn Barzan Project Financing Moving Ahead
...pected to be completed this year, could also include an Islamic tranche, although ultimately this will depend on how competitive it is with the other sources of funding being tapped. Barzan was originally planned for 2012 start-up, but that date was put back to 2014. Now that the two EPC contracts ha...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011 -
Cyprus Warns Investors Against TPAO East Mediterranean Block Offer
...seismic available. TPAO holds 100% interest in all the blocks until 2014 and operatorships are available along with past-cost information. Operators would be required to draw up a minimum work program that includes seismic acquisition and drilling. According to TPAO there exist five large st...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011 -
Egypt Allocates $3.36Bn For Electricity Sector In 2011-12
...nstruction of other solar energy plants, starting with a 100mw plant at Kom Ombo. He also said that a technical advisory agreement for a 250mw wind farm has been signed to be set up on a build-own-operate basis by 2014. ...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011 -
Kuwait Launches Tender For Al-Zour North Power Plant
...rth will have capacity to generate 1.5gw of electricity and produce 100mn gallons/day of desalinated water and will be fuelled by natural gas and/or fuel oil (MEES, 21 September 2009). Kuwait plans to spend KD7.5bn ($27bn) through 2014 to develop its water and power infrastructure, Reuters re...
Volume: 54Issue: 14Published at Mon, 04 Apr 2011 -
Alstom Awarded €170Mn Contract For Al-Zour Power Plant Expansion
...e French company announced on 28 March. The steam-tail will add 400mw to the plant’s existing 800mw generating capacity, increasing its efficiency and cutting emissions per megawatt produced. Al Ghanim contracted Alstom to complete the new plant by 2014. According to the statement, the contract fo...
Volume: 54Issue: 14Published at Mon, 04 Apr 2011 -
Uncertainty Is Set To Continue, Says Crédit Agricole
...yal decrees which included numerous handouts, as well as socio-economic support programs. The measures – ranging from the injection of capital into the kingdom’s healthcare services and real estate fund, to the building of around 1mn new housing units by the end of 2014 (MEES, 28 March) – are ex...
Volume: 54Issue: 14Published at Mon, 04 Apr 2011 -
IMF Calls For More Broad-Based Reforms In Egypt
...prevent the build-up of inflationary momentum should it fail to abate as rapidly as the authorities expect. Planned broad-based reforms, particularly those aimed at fiscal consolidation, are seen as key to the authorities’ objective of reducing the fiscal deficit to about 3% by 2014-15. “In...
Volume: 53Issue: 17Published at Mon, 26 Apr 2010 -
RWE Opens Office In Ashgabat, Moves Ahead With Offshore Block 23
...st $32.2bn. The giant field is to come on stream in 2014 at a rate of 370,000 b/d. It will reach peak output of 1.5mn b/d around the end of the decade. Kazakhstan’s KazMunaiGaz (KMG) is considering borrowing $2bn this year, Bloomberg reported on 9 April. The company plans to invest $4.3bn during 20...
Volume: 53Issue: 16Published at Mon, 19 Apr 2010 -
Tatneft Begins Oil Production In Syria’s South Kishma Field
...cond quarter, with the development budget for the year at $15mn (MEES, 15 February). Another eight wells are projected for completion by 2014, when production from the field is expected to reach 4,500-5,000 b/d. South Kishma lies in the southeastern Deir Ez-Zor province on the border with Iraq and ha...
Volume: 53Issue: 16Published at Mon, 19 Apr 2010 -
Russia’s Transneft Claims Bulgaria Delaying Burgas-Alexandroupolis Pipeline Project
...34mn b/d) with completion due in 2014 (MEES, 11 January). KazMunaiGaz Trade House, a subsidiary of Kazakhstan’s state-owned oil and gas company, KazMunaiGaz, will seek to sell crude oil to North American and China by 2015, General Director Daniyar Belibyaev said on 1 April, according to In...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010 -
Laffan Condensate Refinery Inaugurated, Expansion Work Expected In 2011
...e contract in May 2005 (MEES, 27 June 2005). The plant foundation stone was laid in April 2006 (MEES, 24 April 2006). The refinery was originally scheduled for start‐up in the fourth quarter of 2008, but before it was finished Qatar said it planned to double its capacity by 2014 (MEES, 10 September 20...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010 -
Turkey’s Gas Imports Bill Totals $9.9Bn In 2009, Crude Imports $6.4Bn
...nstruction in 2014....
Volume: 53Issue: 14Published at Mon, 05 Apr 2010 -
Shah Sour Gas Project Set For Late 2014 Start-Up
...Middle East Economic Survey VOL. LIII No 14 05-April-2010 UAE Shah Sour Gas Project Set For Late 2014 Start-Up Abu Dhabi is eyeing the second half of 2104 for the start-up of its Shah sour gas development project, according to statements made by the head of Abu Dhabi Gas De...
Volume: 53Issue: 14Published at Mon, 05 Apr 2010 -
Fifteen Firms Seeking To Bid For Tiaret Refinery Project
...mpletion in 2014, will have a capacity of 15mn tons/year, with the petroleum products, notably gasoline, gasoil, jet fuel, butane, propane and naphtha, destined for the local market and for export. Algeria’s existing refining capacity stands at around 22mn t/y and is in the process of being expanded to 26...
Volume: 52Issue: 17Published at Mon, 27 Apr 2009 -
IMF Says Lebanon So Far Unaffected By Global Financial Crisis
...ternational trends. Lebanon: Selected Economic Indicators 2006-14 2006 Prel Act 2007 Prel Act 2008 Est 2009 Proj 2010 Proj 2011 Proj 2012 Proj 2013 Proj 2014 Proj Output and Pr...
Volume: 52Issue: 17Published at Mon, 27 Apr 2009 -
PGNiG Signs LNG Deal With Qatargas
...quefied natural gas over 20 years. The LNG will be delivered from 2014 into a terminal being built at the Baltic port of Świnoujście, which will be able to take the new Q-Flex class of LNG carriers. The agreement is part of Poland’s drive to reduce its dependence on Russia, currently its main su...
Volume: 52Issue: 17Published at Mon, 27 Apr 2009