1. Egypt Pledges To Pay $1bn To International Oil & Gas Firms

    ...stallments until 2017, it said then. End-2013 filings by IOCs indicate that Egypt was true to its word. BP lopped $700mn from its dues on a year-on-year basis (MEES, 7 March), whilst six smaller IOCs cut receivables by a total of almost $500mn in the fourth quarter alone. Such figures likely un...

    Volume: 57
    Issue: 17
    Published at Fri, 25 Apr 2014
  2. Turkey: A Hub In The EU’s Future Gas Supply Architecture?

    ...verning the export of KRG gas to Turkey. The deal calls for an initial 4 bcm/year of natural gas exports from 2017, rising to 10 bcm/year by 2020 and the option of increasing to 20 bcm/year thereafter. Considering the major amount of natural gas reserves being discovered in the KRG, gas exports from th...

    Volume: 57
    Issue: 15
    Published at Fri, 11 Apr 2014