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Oman Starts Qualification For Three New Desalination Plants
...line in 2017-19 and will take Oman’s desalination capacity under development to 970,000 m3/d. OPWP expects Oman’s peak water demand to rise from 934,000 m3/d in 2014 to 1.34mn m3/d in 2020. Oman’s current desalination capacity is 740,000 m3/d. OPWP has awarded Singapore’s Hyflux and local firm Mo...
Volume: 58Issue: 50Published at Fri, 11 Dec 2015 -
Iran Launches New Contracts Ahead Of Opec Meet
...kely low oil prices) persisting into 2017 (see p10 and MEES, 16 October). While Opec Secretary General ‘Abd Allah al-Badri told reporters on the sidelines of Adipec that he welcomed Iran’s impending return, the prospect of Opec members cutting production to make way for Iran is extremely unlikely. Th...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Rabigh 2 Joins Petchems Start-Up Queue, Saudi Capacity Surge Nears
...BIC/Celanese Jubail, S Arabia 2016 50 polyacetal SABIC/Mitsubishi Jubail, S Arabia 2017 250 MMA, 40 PMMA SA...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Egypt Inaugurates 200mw Gebel El Zeit Wind Farm
...ncluded in December 2010. Completion of the farm raises Egypt’s claimed wind capacity to 950MW. NREA has awarded a €220mn turnkey contract for another Gebel El Zeit wind farm, a 220MW project to be built by Spain’s Gamesa for start-up in the second half of 2017 (MEES, 24 April). Egyptian Electricity Tr...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Dubai Expands Solar Plans But Keeps Faith In Coal
...rrent 9.66 Planned Additions: Solar Park 2 (2017) Solar 0.2 Jebel Ali M Expansion (2018) Gas 0....
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Saudi Stance Wins Out At Opec Meeting
...ndensate and NGLs) to its output by the end of next year then any market rebalance gets pushed back to 2017 (see graphs). If this analysis was repeated based on the Opec, rather than the IEA, demand forecasts the market would not even be close to balance. QUOTA CALL In the run up to the Opec me...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Algeria Refining And Petchems: Ambitious Vision, Feedstock A Big Concern
...nder for the new refineries at Biskra and Tiaret with a view to a 2017 start-up. However, Sonatrach has yet to award front-end engineering and design (FEED) and project management consultancy contracts for either. Meanwhile, Sonatrach planning director Lamine Ouis told last week’s North African Oil an...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
Oman Advances Downstream Projects
...pelines and terminal are expected to be operational in the first half of 2017. The MSPP will carry up to 93,000 b/d of products between Orpic’s Mina al-Fahal refinery near Muscat, the Sohar refinery, a storage terminal at Jifnain and Muscat International Airport. The system will include 290km of re...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
MENA Coal Plans Supported By ‘Unrealistically Low’ Electricity Prices
...ty Utico/Shanghai Elec. 0.27 2016 1.28 Morocco Jerada Sepco III 0.32 2017 1.51 Tu...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
OPEC’S Choice: Low Prices Now, Or Low Prices & Low Output Later-Naimi
...mmodities Research said on 15 December that a move below $60/B is not sustainable in the long run “as it would place considerable strain on the cost curve of the unconventional supply system required to meet demand requirements in 2016 and 2017.” Its analysts expect Brent to average $67/B in the first half of...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
Abu Dhabi Advances Upstream Projects Despite Mounting Cost Pressure
...8mn b/d target. Meanwhile, the Zakum Development Company (Zadco) is moving forward with plans to boost production at the offshore Upper Zakum field by some 200,000 b/d to 750,000 b/d by 2017. Adnoc holds a 68% stake in Zadco, while ExxonMobil and Japan Oil Development Company (Jodco) hold 28% and 12%, re...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
Repsol To Boost Algeria, KRG Presence With Talisman Purchase
...wnstream operations in Oman, Egypt, Algeria and Morocco. Looking ahead, Repsol says that its 29.25% stake in the Reggane Nord project in Algeria, which will see first gas in 2017, will net the firm about 14,000 boe/d as it looks to expand its global footprint. Repsol has just two exploration blocks in Ir...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
GCC Ratings Under Pressure From Oil Price Slide
...st $80/B in 2015-17, compared with a slow decline to $95/B in 2017 in the firm’s previous forecast. In a report issued on 1 July S&P noted that key Gulf producers would find themselves in a complicated fiscal position if oil prices turned south – which indeed they did, just weeks after S&P pu...
Volume: 57Issue: 50Published at Fri, 12 Dec 2014 -
Turkey Advances First Nuclear Plant, Eyes New 4.4GW Project
...actor in 2017. Japan’s Mitsubishi Heavy Industries (MHI) and Itochu Corporation and France’s GDF Suez and Areva were awarded a contract last year to build four 1.1GW nuclear plants at Sinop, with the first scheduled for start-up in 2023 (MEES, 10 May 2013). Long-Term Needs Turkey’s 9.2GW of ap...
Volume: 57Issue: 49Published at Fri, 05 Dec 2014 -
Turkey Bags More CCGT Funding, Russia Pledges Gas
...the plant in 2017 (MEES, 7 November). EBRD says it will provide a loan of $250mn, comprising $200mn from its own account and $50mn syndicated to Banque Saudi Fransi. The latter is also providing parallel financing of $100mn under a murabaha Islamic financial instrument, says EBRD. The Wo...
Volume: 57Issue: 49Published at Fri, 05 Dec 2014 -
Egypt Starts Payments
...oducer suggests that the finance ministry has been the quickest to respond to Mr Biblawi’s announcement. Once the initial $1.5bn has been distributed, a further $3bn will be handed to IOCs in monthly instalments by 2017, the government says. Outstanding receivables are not the only factor deterring fo...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
Oman, BP Sign Final Khazzan Tight Gas Deal
...ticipated for late 2017, BP says. Under the terms of the deal, production will ramp up to plateau in 2018. BP, following the declaration of commerciality, retains 60% of the project, whilst state-owned Oman Oil Company (OOC) takes 40%. “The sanction of the Khazzan project follows an extensive and ri...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
Noble Energy Outlines Its Levant Gas Export Options
...sed company holds a 30% stake in the field, which contains about half of its regional reserves. First gas is scheduled for 2017. Export Plans The first Noble gas processing plant to cater for Leviathan will be an 800mn cfd facility that will ensure supply to the Israeli domestic market. But ad...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
Qatar Awards Al-Sejeel FEED, Part Of 7mn T/Y Petchems Expansion
...ilt at Ras Laffan and due for 2017 start-up. The plant will have capacity to produce 1.5mn t/y of monoethylene glycol (MEG), 300,000 t/y of linear alpha olefins and 250,000 t/y of oxo-alcohols. QP and Shell awarded the Al-Karaana FEED project to US firm Fluor. It will utilize Shell’s proprietary MEG pr...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
Algeria Awards $4Bn EPC Contracts For Six CCGT Plants
...ief Noureddine Boutarfa said the plants are required to begin operating in open-cycle mode in 2015 and to be completed for combined-cycle operation in 2017. Of the winning bids, only Samsung’s Mostaganem offer was the lowest in terms of price per kilowatt-hour (MEES, 2 August). Capacity Push Th...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013