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RWE Dea Boosts Egypt Gas Output, Russian Sale Advances
...souq. It is also a minority partner in the 50bn cu ms BP-led West Nile Delta offshore project, which the two companies hope to develop by 2017. Collapsing output means Egypt faces a chronic near-term gas shortage. It hopes to relieve this with the planned start of LNG imports in December, after ag...
Volume: 57Issue: 35Published at Fri, 29 Aug 2014 -
The US Shale Gas Revolution: A Threat To Gulf LPG Exporters
...port, according to the Oxford Energy report. Both Qatar and Abu Dhabi are major LPG exporters, but like Saudi Arabia, the amount of LPG set for export will increasingly be limited by booming domestic petrochemicals industries. Qatari LPG exports will plateau at between 10-11mn tons/year through 2017...
Volume: 57Issue: 35Published at Fri, 29 Aug 2014 -
Oman IPP Qualifiers
...mpany specifies that 740MW of capacity should be operational for summer 2017 and the other 1.86GW for summer 2018. Three sites are being considered for the plants – at Ibri, Sohar and al-Suwayq. Future Plans OPWP is looking to award the contract under build-own-operate terms in early 2015. The ne...
Volume: 57Issue: 35Published at Fri, 29 Aug 2014 -
Egypt Downstream Revival Continues With Midor Expansion
...st $1bn and be completed by the end of 2017. Construction will be carried out by Egypt’s Petrojet, while engineering and procurement will be undertaken by petroleum ministry engineering unit ENPPI. The Petrojet/ENPPI consortium last year completed an 18,200 b/d naphtha hydrotreater at the 100,000 b/d Al...
Volume: 57Issue: 34Published at Fri, 22 Aug 2014 -
Jordan Eyes Rosatom Deal, As MENA Nuclear Plans Advance
...te characterization and environmental impact studies in May 2015 and preliminary safety analysis reports by December 2018. The agency is looking to receive a site permit from the government in 2015 and aims to secure a construction permit for the first of the plants in 2017, with a view to pouring fi...
Volume: 57Issue: 34Published at Fri, 22 Aug 2014 -
Saudi Arabia Taps Service Companies for Oil Capacity Upgrades
...cline further by 2017. Iraq, which had been expected to be the single largest contributor of additional supply during the current decade, has recently lost large tracts of territory in the north and northwest to Islamist jihadists. And although output in the south has so far been unaffected by th...
Volume: 57Issue: 34Published at Fri, 22 Aug 2014 -
Hungary’s MOL Announces KRG Development Plan As Others Exit
...L intends to raise production from the block to an expected minimum of 50,000 boe/d by 2017-18. MOL also has 10% of the Pearl Consortium, alongside Austria’s OMV and the UAE’s Dana Gas, which has launched arbitration proceedings against the KRG, disputing terms of its gas development co...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Noble And Delek To Sell Israeli Gas Fields
...om 19.5-30.4 trillion BTU in the first year to 25-43 trillion BTU by 2025. First gas is to be delivered between 1 January 2016 and 30 June 2017, with DEFA thought to favor bids that stipulate an earlier start date (MEES, 18 April). Leviathan partners Delek and Noble have tabled a bid, alongside Vi...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Iran Lays Giant Condensate Export ‘Refinery’ Bait For Foreign Investors
...cluding condensate plants) to 2.04mn b/d (see table). But, of these, only Persian Gulf Star is currently making significant progress. NIORDC says its first 120,000 b/d splitter is 75% complete and due online in 2015. However, the IEA says Persian Gulf Star’s first unit will not start-up until 2017 (MEES, 27...
Volume: 57Issue: 32Published at Fri, 08 Aug 2014 -
Dubai To Spend $15Bn On 20% Capacity Hike By 2021
...ke 51%, with the project company holding 49%. Hassyan-1 comprises two 600MW coal-fired plants due online in 2020 and 2021. Meanwhile, DEWA has started work on a 600MW expansion of M Station, for start-up in 2018, and aims to start up a 100MW solar plant in 2017 (MEES, 25 October 2013). Mr Tayir es...
Volume: 57Issue: 32Published at Fri, 08 Aug 2014 -
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