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Iran Braces For Summer Blackouts
...ta from the ministry of energy show that installed capacity stands at around 88GW, available capacity is almost 24GW lower at 64GW, a figure that has not budged since 2014 despite a nominal increase of almost 15GW in the headline figure over the same period. Available capacity peaked at 66.6GW in 20...
Volume: 65Issue: 17Published at Fri, 29 Apr 2022 -
Cyprus Gas-Fired Power Plans Warming Up
...untry’s main port of Limassol. The jetty will be approximately 1.2km in length and will have a berthing position for the FSRU and mooring dolphins on either side for LNG tankers (see map). It is situated next to trading firm Vitol’s 545,000m³ VVTV oil products storage terminal which was built in 2014 (ME...
Volume: 64Issue: 14Published at Fri, 09 Apr 2021 -
India Crude Imports: Saudi Slumps To No.5 With Volumes At 10-Year Low
...arterly figure in a decade or more is the Middle East share of the Indian market. This fell to 54.4% for February, the lowest monthly figure since 2015. January was only just higher at 54.7%. The lowest quarterly figure in the last 10 years was 56.0% for Q3 2014. For Opec the drop off is even more se...
Volume: 64Issue: 13Published at Fri, 02 Apr 2021 -
Lebanon To Award Billion-Dollar Gas Import Deals
...will help mitigate the need for individual project tenders which historically have proven the main cause of delays – as was the case both with FSRUs and building new power infrastructure. And arbitrary disputes are always a worry. The government battled Athens contractor J&P since 2014 over wh...
Volume: 62Issue: 14Published at Fri, 05 Apr 2019 -
Saudi Oil Exports Hit New Peak But Crude Burn Rises
...-year but were the highest since 2014 (see chart 3). However, February’s fall in fuel oil consumption meant that total oil burn that month remained down year-on-year. Sizeable cuts in oil-fired power generation are unlikely until 2019 when the 2.5bn cfd Fadhili plant is due to come online (ME...
Volume: 61Issue: 16Published at Fri, 20 Apr 2018 -
OMV Restarts Yemen Output
...curity situation forced delays, production hit a record 14,500 b/d in 2014. OMV in early 2015 forecast the completion of the phase-2 wells and the central processing facility by the end of the year with plateau output of 23,000 b/d hit in 2016. But the firm halted its Yemen operations from April 20...
Volume: 61Issue: 16Published at Fri, 20 Apr 2018 -
Jordan Pushes Ahead With Oil Shale-Fired Power Plant, Lining Up More Solar
...so signed an agreement with Sacos, owned by a Saudi investor, which official news agency Petra said in March 2014 plans to deploy oil shale technology developed in Russia. Besides these potential oil extraction projects, Jordan’s energy ministry has a second power generation agreement, with Jo...
Volume: 60Issue: 17Published at Fri, 28 Apr 2017 -
Algiers Aims For The Sun; Is Its Head In The Clouds?
...diterranean, but there has been no concrete progress. Desertec was one such scheme to bring power to Europe from the desert, but it has been considered defunct since 2012 (MEES, 3 April 2014). Although Algeria briefly flirted with the Desertec scheme, it has been reluctant to let go of its monopoly on el...
Volume: 60Issue: 17Published at Fri, 28 Apr 2017 -
Iraq Fires Up 1GW Gas-Fired Capacity But Is There Enough Gas?
...ad of 13.4GW in 2015, up from 12.3GW in 2014. One thing is clear: the inefficient burning of liquid fuel still dominates the power generation sector, despite a gradual rise in the gas share from 28% in 2013 to 36% last year (see table). The increased supply of gas to power plants comes both th...
Volume: 60Issue: 16Published at Fri, 21 Apr 2017 -
Egypt Tenders Wind Project As Three Megaprojects Begin Supplying Grid
...ck of investment, improved terms have encouraged upstream operators to invest. New upstream developments under way are expected to raise Egyptian gas production above 5mn cfd later this year for the first time since January 2014 (MEES, 31 March). However, new power projects under construction are ex...
Volume: 60Issue: 14Published at Fri, 07 Apr 2017 -
King Salman Fires Saudi Electricity & Water Minister After Price Hike Complaints
...e whole of 2015. While this was 59% down on the SR3.61bn net profits for 2014, the results for Q1 2016 suggest that SEC’s profits may receive a boost from increased tariffs for 2016 as a whole. ...
Volume: 59Issue: 17Published at Fri, 29 Apr 2016 -
Irena Sees Renewables Growth In MENA, But Less Than Elsewhere
....34GW last year. But this represents just 1.3% of global 1.99TW end-2015 renewables capacity, up 8.3% on 2014, according to freshly-released statistics from the Abu Dhabi-based International Renewable Energy Agency (Irena). MENA regional renewables capacity has increased by almost 28% since the end of 20...
Volume: 59Issue: 16Published at Fri, 22 Apr 2016 -
Egypt Secures Saudi, UAE Funding For Power Expansion, Awards Wind Projects
...eoretically give Egypt access to the GCC power grid, but - like the GCC grid itself - progress has been slow (MEES, 28 November 2014). Projects being discussed in tandem with much-needed funding include three coal-fired plants with a combined capacity of 4.62GW at a cost of $4.64bn, for which Cairo has si...
Volume: 59Issue: 15Published at Fri, 15 Apr 2016 -
Jordan: Wind Gathers Pace In Bid To Diversify
...2014. The wind farm incorporates 40 of fellow Spanish firm Gamesa’s 2MW turbines. The original plan was to install 33 turbines totaling 66MW, but the ministry expanded the scope. Now Daelim and Kosco have formed the Daehan Wind Power project company to build a 49.5MW wind farm at Tafila, 140km so...
Volume: 59Issue: 15Published at Fri, 15 Apr 2016 -
2.2GW Gas-Fired Plant For Northern Emirates
...x plants totaling 1.15GW in 2013. Now only three are operational: 387MW Nakhil in Ras al-Khaimah and 116MW Ajman and 200MW Al-Zouraa in Ajman. In 2014 Fewa imported 11.1TWh of electricity from Abu Dhabi’s Adewa. Imports exceeded 2GW at peak demand times. Hence building the proposed plant would po...
Volume: 59Issue: 15Published at Fri, 15 Apr 2016 -
Iran’s Power Plants Increase Gas Burn, Face Competition For Supplies
...an’s gas output is being boosted by the completion of development phases of the giant South Pars offshore field. South Pars produced 130 bcm (12.6bn cfd) in 2015-16 up 15% from 113 bcm (10.93mn cfd) for 2014-15, Ali-Akbar Shabanpur, managing director of field operator Pars Oil and Gas Company (POGC) sa...
Volume: 59Issue: 14Published at Fri, 08 Apr 2016 -
Oman’s Forecasts 85% Power Demand Rise To 2021; Gas Shortage A Worry
...ectricity sharing agreement with state oil firm PDO (for 60MW) and has installed a 400MW link to the GCC supply grid (MEES, 28 November 2014). The GCC link is part of OPWP’s plans for “creation of a spot market for electricity trade in 2018,” which will initially increase competitiveness among suppliers in...
Volume: 58Issue: 16Published at Fri, 17 Apr 2015 -
Turkish Parliament Okays Second Nuclear Project
...pacity comprises more than 40% of Turkey’s long-term power plan (MEES, 5 December 2014)....
Volume: 58Issue: 16Published at Fri, 17 Apr 2015 -
Oman Expanding Desalination, Prepares Power Shake-Up
...88GW in 2014 to 10.24GW in 2020, while combined capacity of its two main grids – the Main Interconnected System (MIS) and Salalah – is currently 7.91GW (MEES, 11 April 2014). Meanwhile, peak water demand is expected to rise from 934,000 cmd in 2014 to 1.34mn cmd in 2020, whereas current desalination ca...
Volume: 58Issue: 15Published at Fri, 10 Apr 2015 -
Qatar Awards Desalination Project, Plans Strategic Storage
...ter project, at Umm Al Haul. This will have capacity to generate 2.4GW of electricity and desalinate 590,000 cmd of water and is scheduled for start-up in 2018 (MEES, 1 August 2014). Qatar’s power and water demand growth has averaged 10.3%/year in recent years. To maintain reliable water su...
Volume: 58Issue: 15Published at Fri, 10 Apr 2015