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Algeria: 8.4GW Boost
...ccessful bidders bring the gas turbines online in open cycle mode before summer 2015, with the installation of heat recovery steam generators to enable combined cycle operation to be completed by summer 2017. Mr Boutarfa – currently under investigation with 15 other Sonelgaz managers for alleged co...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
UAE Growth To Slow-IMF
...ll on 30 July. However oil GDP growth is expected to recover to 3.1% in 2015 before falling to around 1.8% in 2017-18, according to projections made earlier by the IMF (MEES, 28 June). Mega-Project Risk Looking ahead, Mr Finger points to a number of risks to future growth. Fi...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
Tunisian CO2 Study May Scupper Plans For Zarat Development
...upper, or at least seriously delay, Canadian independent Sonde Resources’ plans to produce 37,000 b/d of oil and 80mn cfd of gas from the Zarat field, Tunisia’s largest undeveloped field, from 2017. James Cockayne reports. Sonde operates the Joint Oil Block which straddles Tunisian/Libyan wa...
Volume: 55Issue: 35Published at Mon, 27 Aug 2012 -
Cyprus Seeks Short Term Gas Deal With Israel
...r delivery of Block 12 gas to shore. Currently, it is forecast that gas from the Aphrodite field would arrive in Cyprus in 2017, provided an agreement is reached soon and construction of a pipeline gets underway. In a recent issue of the Cyprus government gazette, Noble issued two te...
Volume: 55Issue: 35Published at Mon, 27 Aug 2012 -
Libyan Upstream Activity Picks Up
...d engineering work (awarded in late 2010) was incomplete when hostilities broke out last year and a final investment decision has yet to be taken. Waha groups US firms ConocoPhillips (16.33%), Marathon (16.33%) and Hess (8.16%) with NOC (59.16%). Table 1: Libyan Production Increments to 2017...
Volume: 55Issue: 34Published at Mon, 20 Aug 2012 -
Cyprus Tenders To Import Natural Gas For Domestic Power
...cility to start receiving shipments of natural gas, but gas from the Aphrodite field is not expected to become available until 2017. DEFA is the authority responsible for the import and distribution of natural gas in Cyprus. MEES understands that Cyprus intends to begin discussing with Israel in...
Volume: 55Issue: 34Published at Mon, 20 Aug 2012 -
Baghdad Looks To Expand Kirkuk Field
...oduction ('000 B/D) Field Current Planned 2017 Kirkuk 270 570 Bai Hasan 195 240 Ja...
Volume: 55Issue: 34Published at Mon, 20 Aug 2012 -
Petroceltic And Melrose Agree Merger
...gust closing price. Petroceltic had a market capitalisation of £185mn at the 16 August close. Petroceltic has highly promising undeveloped assets but no plans for production (and thus revenue) before 2017 (MEES, 6 August). This makes the revenue stream provided by Melrose’s oil and gas pr...
Volume: 55Issue: 34Published at Mon, 20 Aug 2012 -
Abu Dhabi Moves Ahead With Nuclear Program
...E Abu Dhabi Moves Ahead With Nuclear Program The UAE’s nuclear operator, Emirates Nuclear Energy Corporation (ENEC), has awarded six contracts worth a total of about $3bn to a group of international nuclear fuel suppliers. The first of the four nuclear power plants to start up will be Barakah in 2017...
Volume: 55Issue: 34Published at Mon, 20 Aug 2012 -
Petroceltic And Sonatrach Agree To Develop 'Ain Tsila For 2017 Start-Up
...GERIA Petroceltic And Sonatrach Agree To Develop 'Ain Tsila For 2017 Start-Up Petroceltic’s 'Ain Tsila gas field on the Isarene permit in Algeria’s prolific Illizi Basin is set to move to development with the company, its Italian partner Enel and Algerian state firm Sonatrach having finalized de...
Volume: 55Issue: 33Published at Mon, 13 Aug 2012 -
Management Appointed For Oman’s Duqm Refinery/Petchems Project
...ned Oman News Agency reported on 7 August. Phase 1 – the refinery – is scheduled for start up in 2017, followed by Phase 2 – a petrochemicals plant, which is still being studied. ...
Volume: 55Issue: 33Published at Mon, 13 Aug 2012 -
Algerian Gas Set For Boost From 3.7 BCM/Y Petroceltic Development
...n Tsila discovery approach their climax. A final investment decision is expected later this year, with first production from the Isarene permit in Algeria’s prolific Illizi Basin slated for 2017, James Cockayne writes. Negotiations between Petroceltic, its Italian partner Enel, and Al...
Volume: 55Issue: 32Published at Mon, 06 Aug 2012 -
Kurdish Upstream Sector Hots Up
...rise to 125,000 b/d by 2017. * KNOC has 15% stake, but operatorship is unknown except for Hawler (Norbest)....
Volume: 54Issue: 34Published at Mon, 22 Aug 2011 -
Gulf LNG Producers Facing Greater Competition From Australia In Asia-Pacific
...troChina) 2012 2016+ Train 2 4.0 2017+ Gorgon Chevron Train 4 5 Chevron 50%, ExxonMobil 25%, Shell 25...
Volume: 54Issue: 31Published at Mon, 01 Aug 2011 -
Hess, Petroceltic Swoop To Take KRG Blocks
...e block and push for a major capacity expansion. It plans to hit 15,000 b/d by end 2012, 35,000 b/d by end 2013 and 125,000 b/d (75,000 b/d net to Afren) by 2017. Hot Spot As KRG output rises and the region appears to be in stronger position than vis-a-vis Baghdad, a string of other co...
Volume: 54Issue: 31Published at Mon, 01 Aug 2011 -
MENA And Carbon Capture
...bsidiary was granted approval to fit a CCS system on a Canadian power plant, the CO2 to be used for EOR. By 2017, Bloomberg New Energy Finance estimates that 3.2 gw of CCS-equipped systems will be running – close to half today’s solar power output. Carbon Capture’s Significance For MENA Widespread ad...
Volume: 54Issue: 31Published at Mon, 01 Aug 2011 -
Abu Dhabi’s Gas Crunch Worsens
...Middle East Economic Survey VOL. LIII No 32 9-Aug-2010 MEES Agenda Abu Dhabi’s Gas Crunch Worsens Abu Dhabi’s gas crisis will worsen until 2014, and continue until 2017 unless it finds an alternative to domestic gas, due to delays in major development projects. It already faces a 2b...
Volume: 53Issue: 32Published at Mon, 09 Aug 2010 -
Question Mark Hangs Over ADNOC Oil Concessions
...ude production capacity to about 3.6mn b/d by 2017 from about 2.9mn b/d, sustainable over a 90-day period, according to MEES calculations. (ADNOC uses a more conservative figure, 3.5mn b/d, of average annual output capacity, which takes into account field shut-downs over 12 months). In March 2009, AD...
Volume: 53Issue: 31Published at Mon, 02 Aug 2010 -
Jordan And South Korea Sign $70mn Deal For Nuclear Research Reactor
...wer needs. The kingdom currently imports 96% of its energy needs at a cost of about 13% of its GDP. The site for Jordan’s first commercial nuclear plant – based on a 1.0gw Generation III reactor – has already been selected, near the port city of 'Aqaba, with start-up expected in 2017 at the earliest, th...
Volume: 53Issue: 31Published at Mon, 02 Aug 2010 -
Shuweihat S3 Power Plant Attracts Bids From Five Consortia
...roughout the UAE and wider Gulf. Furthermore, Abu Dhabi’s plans for nuclear power stations complicate the issue. Abu Dhabi will build four nuclear reactors, costing a total of $20bn, due to its gas shortage, but the first reactor will not come online until 2017, when power demand is forecast to hit 21...
Volume: 53Issue: 31Published at Mon, 02 Aug 2010