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Algeria Taps GE For 240MW Of Mobile Power
...09GW to 14.95GW (MEES, 27 June). GE says the Algerian government is “aggressively investing in the energy sector to boost power generating capacity” and estimates that electricity demand is growing by an average 14% a year, to reach 24GW by 2017. GE is not only a major supplier of turbines and ge...
Volume: 57Issue: 32Published at Fri, 08 Aug 2014 -
BG: Egypt Down 52%
...feline when the company signed a preliminary agreement with a Noble Energy-led consortium to pipe gas from Israel’s offshore Leviathan field to Idku. Under the letter of intent, Israeli gas would start flowing from 2017-18 at a rate of 700mn cfd in a 15-year supply deal. ...
Volume: 57Issue: 31Published at Fri, 01 Aug 2014 -
Abu Tabul Commissioning To Kick Start Oman Gas Boost
...nths, in an effort to boost much needed short-term supplies, ahead of the planned 2017 start-up of the 1bn cfd Khazzan tight gas project in Block 61 (MEES, 20 December 2013). Despite overseeing a significant hike in gas output over the past 10 years, Oman is facing an ever increasing gas feedstock sh...
Volume: 57Issue: 31Published at Fri, 01 Aug 2014 -
Turkey-Israel Gas Deal Faces Growing Political Obstacles
...vid Stover, President of Leviathan’s Houston-based operator Noble, last week gave the first indication that Leviathan would not begin production in 2017 but rather 2018, as the company attempts to “balance the technical and marketing pieces with necessary regulatory approvals”. A final investment de...
Volume: 57Issue: 31Published at Fri, 01 Aug 2014 -
New Gulf Refineries To Make Middle East Major Products Exporter
...18 36 Karbala Iraq 140 2019 Mid-19 - Jazan S Arabia 400 2017 20...
Volume: 57Issue: 31Published at Fri, 01 Aug 2014 -
Morocco Bags IMF, EU, Qatari Cash
...dustrial users and reduced the per-unit subsidy on diesel, with further reductions planned for the remainder of the year. Subsidies are to fall to MD35bn ($4.20bn) in 2014 (3.7% of GDP) from MD42bn ($5.04bn) in 2013 (4.7% of GDP), with a fall to 3% of GDP by 2017, according to the IMF and the Ministry of Ec...
Volume: 57Issue: 31Published at Fri, 01 Aug 2014 -
The Future Saudi Role In Global Oil Markets
...pply Outlook In Opec Reference Case (Mn B/D) 2013 2014 2015 2016 2017 2018 World Oil De...
Volume: 57Issue: 31Published at Fri, 01 Aug 2014 -
Iraq Shake-Up: CNPC Enters West Qurna-1; Shell Slammed Over Majnoon
...tronas were awarded the 20-year service contract for further development of the Majnoon oil field in January 2010, when they submitted a winning bid to raise output from a baseline of 46,000 b/d to a plateau of 1.8mn b/d by 2017 for a remuneration fee of $1.39/B. The contract came into effect in March 20...
Volume: 56Issue: 35Published at Fri, 30 Aug 2013 -
Qatar Faces Challenging, Rapidly Changing, LNG Market
...mn t/y by 2020 – allowing for slippage on the 61.8mn t/y under construction due onstream by 2017. The next plant to start up comes onstream in 2015. North American shale gas production poses a long-term threat to Qatari dominance. Three US LNG projects totaling 5.6bn cfd of gas production ca...
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
Orpic Tenders Liwa FEED As Oman Joins Middle East Plastics Boom
...,000 t/y iso-butanol SABIC/Celanese Jubail, Saudi Arabia 2016 50,000 t/y polyacetal QP/Shell Ras Laffan, Qatar (Al-Karaana) 2017 1....
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
Qatar Nears Full GTL Output, Eyes Competitors’ Projects
...,000 2014 $9.5bn Chevron (75%) NNPC (25%) Uzbekistan GTL Uzbekistan 33,000 2017-18 $4bn Sasol (44.5%), Malaysia’s Petronas (11...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
SEC Awards Shuqaiq Power Plant To Hyundai
...atement to the Saudi Stock Exchange, SEC said work on the project would begin immediately, with commissioning scheduled to begin in November 2016 and commercial operation to start in January 2017. Hyundai said the Shuqaiq plant will incorporate the supercritical pressure technology being used in th...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
Kuwait’s New Oil Minister To Push Through ‘Mega’ Projects
...ogress Lower Fars heavy crude, Ratga fields 270 2017 2030 Delayed Neutral Zone Wafra field, heavy crude $10-15bn 500 (Kuwait 25...
Volume: 56Issue: 32Published at Fri, 09 Aug 2013 -
Kuwait Fast Tracks Refinery Projects
...madi – a fifth NGL fractionation train – is expected to tender for construction contracts in 3-6 months. “Muhammad al-Mutairi is really pushing the fifth train,” the contractor says. Capacity will be 105,000 b/d of LPG and condensate and 800mn cfd of ethane and natural gas. For 2017, when the fifth train is...
Volume: 56Issue: 32Published at Fri, 09 Aug 2013 -
Orpic: Plastic Expansion
...,000 b/d of condensate) Khazzan-Makarem tight gas field project starts up. The project will set a new price range the government is prepared to pay gas producers to attract upstream investment. It is due to start up in the first half of 2017....
Volume: 56Issue: 32Published at Fri, 09 Aug 2013 -
Iraq’s National Energy Strategy: Oil And Gas Output, Diversification and Employment
...oduction capacity, and in all newly offered technical service deals in Iraq, contracted plateaus determine production capacity after 2017. Table 1: Iraqi Oil Production Scenarios (Mn B/D) INES IEA-Iraq NDP 20...
Volume: 56Issue: 32Published at Fri, 09 Aug 2013 -
Chevron’s Neutral Zone Steam Injection Pushed to 2020
...gin in the 1Q16, he adds. This would push back a final investment decision (FID) until the start of 2017 at the earliest. The project has slipped by at least three years (MEES, 25 October 2010). Mr Shammari says Chevron will inject its first steam as part of the main phase of its steam in...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
Germany’s RWE Faces Challenging Sale Of North African Assets
...60%, RWE 40%) and West Mediterranean (BP 80%, RWE 20%) deep water concessions. RWE is committed to spending $3.6bn. But the project has been subject to chronic delays. RWE’s latest presentation material indicates that start-up will not be before the end of 2017. Instead of moving forward with the pr...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
Twilight Looms For OPEC’s Golden Age
...ll narrow dangerously; the country could slip into a budget deficit by 2017, according to the latest IMF projections (see graph 3). Saudi officials argue that trends will not continue. New efficiency standards are being rolled out and Riyadh is actively pursuing solar development. A National Energy Ef...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
Kuwait JV Awards Foster Wheeler Vietnam Refinery PMC
...nstruction contractor (EPC) consortium through to the completion of performance testing.” Foster Wheeler carried out front end engineering for the project under a contract awarded in July 2008. Total investment will be $9bn with commercial operations due to begin in 2017, Foster Wheeler says. The plant will ha...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013