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Kuwait Gives Optimistic Start-Up Dates For Asia-Pacific Refineries
...KUWAIT Kuwait Gives Optimistic Start-Up Dates For Asia-Pacific Refineries Kuwait’s joint venture refinery-petrochemical plants in China and Indonesia will start-up in 2015 and 2017 respectively, state-owned Kuwait Petroleum International (KPI) chief Husain Isma'il said on 10 April. An...
Volume: 55Issue: 16Published at Mon, 16 Apr 2012 -
Lebanon’s $950Mn Eurobond Oversubscribed
...Lebanon Lebanon’s $950Mn Eurobond Oversubscribed The Lebanese Ministry of Finance last week put together a $950mn Eurobond issue, consisting of two tranches – $600mn maturing on 12 October 2017 with a yield of 5% and $350mn maturing on 27 April 2026 with a yield of 6.4%. The issue, wh...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Development Of Joint Tunisian-Libyan Discovery On Hold
...quids). Sonde says the field could produce “tens of thousands of boe per day by 2017-18”. In addition Sonde says that four further prospects on the block indicate a potential total of 1.4bn barrels and 5 trillion cu ft respectively of oil and gas in place. Sonde, which operates the JO block, has ha...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Socar Offers BP Option To Explore For Further Gas In Shah Deniz And ACG Fields
...gotiations are in their final stage. The investment amount and other details are under discussion right now.” He noted that ACG’s deep gas reserves are estimated at 200-250 bcm and that Socar was looking for production to begin as early as 2017, first from Chirag and Guneshli and then from Azeri. He ad...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011 -
Qatar’s $5Bn Barzan Project Financing Moving Ahead
...ve been awarded and progress has been made on the financing plan further big delays are not expected, although a slip to 2015 would not be problematic, given that Qatar has a gas surplus up to 2017 and does not need new North Field supply (MEES, 13 December 2010). Barzan is a two-train project an...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011 -
Levant Basin Gas Potential Shows Upside For Israel, Companies Involved, Says UBS
...2017 and that “tighter market conditions towards 2015, and the inclination of European and Asian buyers to diversify their supply base should help to secure supply agreements.” For monetizing Leviathan, the bank said it views a gas pipeline through Turkey (such as those planned as part of th...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011 -
Moody’s Upgrades DP World Ratings To Baa3
...5bn sukuk issued by DP World Sukuk Limited, which is due in 2017. All ratings have a stable outlook. “The rating action reflects Moody’s view that the company has achieved credit metrics that are commensurate with a higher rating category and are likely to be maintained over the medium term,” said Fr...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011 -
Ukraine Gets Russian Gas Reprieve With Amendments To Gas Supply Agreement
...e to expire in 2017, but now in place until 2042. Sevastopol, on the Crimean peninsula, is a strategic location for Russia’s presence in the Black Sea. Ukrainians in opposition to Mr Yanukovich have criticized the deal, including former Prime Minister Yulia Tymoshenko, who brokered the current gas ag...
Volume: 53Issue: 17Published at Mon, 26 Apr 2010 -
Korean Consortium Wins Jordan Nuclear Research Reactor Contract
...er a number of firms from Argentina, China and Russia. Construction will begin later this year near the city of Irbid, 70km north of 'Amman, with the reactor expected to be commissioned within five years and a nuclear power plant built by 2017, according to official news agency Petra. Work will involve th...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010