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North Africa Forges Ahead With Refinery Upgrades, Expansions More Elusive
...amant that the project will be completed by the second quarter of 2014. However, he concedes that the global financial crisis, which caused difficulties in securing financing and procuring materials, has delayed the project and driven up the costs. It was originally due on stream in 2011 at an estimated co...
Volume: 52Issue: 34Published at Mon, 24 Aug 2009 -
QP Sees Oil And Gas Output At 5Mn BOED By 2014
...Middle East Economic Survey VOL. LII No 34 24-Aug-2009 QATAR QP Sees Oil And Gas Output At 5Mn BOED By 2014 Qatar Petroleum’s Director of Oil and Gas Projects, Sa'd al-Ka'bi, said the country’s total oil and gas capacity could reach 5mn b/d of oil equivalent (boed) by 2014 wh...
Volume: 52Issue: 34Published at Mon, 24 Aug 2009 -
Banks Lining Up For Riyadh IPP, After Rabigh IPP Closes Financing
...oposal to developers in June after 10 consortia had pre-qualified. The Riyadh plant is expected to start up in April 2013 and reach full capacity in April 2014. As a gas-fired operation, and located near the Kingdom’s expanding capital city, the plant is expected to attract strong interest from both de...
Volume: 52Issue: 33Published at Mon, 17 Aug 2009 -
BP Plans $2Bn Investment In Algeria By 2014
...Middle East Economic Survey VOL. LII No 32 10-Aug-2009 ALGERIA BP Plans $2Bn Investment In Algeria By 2014 BP is planning to spend $2bn over the next five years in Algeria, where it is one of the largest international gas producers and has exploration acreage that has al...
Volume: 52Issue: 32Published at Mon, 10 Aug 2009 -
Egypt’s Actual 2008-09 Budget Deficit Unchanged At 6.9% Of GDP
...d Suez Canal transit dues. The government’s target is to lower the budget/GDP deficit to 3% in 2014-15, down from 9.6% in 2004-05. Total revenue in 2008-09 rose by 24% to reach E£274.8bn ($49.6bn), while total expenditure jumped by 21.7% to E£343.7bn ($62.0bn), resulting in an actual budget de...
Volume: 52Issue: 32Published at Mon, 10 Aug 2009 -
EU Balkan States Considering Arab LNG Imports Via Greece
...ansmission system operator DESFA, Panayiotis Kanellopoulos told MEES on the sidelines of the conference that “Revythousa’s capacity is expanding. Planning has already commenced to increase its existing storage capacity by almost 70% by 2014.” Mr Hatzidakis had told the conference that “Greece is also pl...
Volume: 52Issue: 31Published at Mon, 03 Aug 2009 -
Audax Announces Reserves Evaluation, Plans Appraisal Well At Offshore Dougga Field
...oject net present value at 10% discount rate for the most likely resource is $1.134bn, assuming product prices of $80/B of condensate and $9.9/mn cu ft of gas in 2014,” Audax said in a statement on 27 July. The company plans to send an invitation to potential bidders shortly, for the drilling of an ex...
Volume: 52Issue: 31Published at Mon, 03 Aug 2009