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Chevron’s Neutral Zone Steam Injection Project To Cost $10-15Bn
...mping up steeply from first steam injection in 2017 to 100,000 b/d by mid-2019 and 300,000 b/d by end-2021, reaching full output in about 2026. This would plateau for two or three years before falling to 300,000 b/d by about 2040. Production from the Neutral Zone’s four onshore fields, South Umm Gu...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
Final Phase In Battle Of The Caspian Gas Pipelines
...stern Thrace via Ukraine, Romania and Bulgaria. Ankara plans to make up for this loss by increasing its LNG imports to augment the flow of Russian gas via the Blue Stream pipeline until it can begin receiving the Shah Deniz Stage 2 gas in 2017. TANAP Twist The second of these developments was the an...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
Gulf Arab Producers: We Can Guarantee Energy Security
...troleum (QP) to build a $6.4bn petrochemical plant to produce 1.5mn t/y of monoethylene glycol and 300,000 t/y of olefins (see page 17). If the final investment decision is taken the two firms will form a joint venture (Shell 20%, QP 80%) by the end of 2012 and start commissioning the plant in 2017. Qa...
Volume: 54Issue: 50Published at Mon, 12 Dec 2011 -
Qatar Raises $5Bn In Bonds, Defying Unstable Market
...turity Amount ($Bn) Price (BPS Over Treasuries) Yield (%) Coupon (%) November 2011 Issue Jan 2017 2 225 3.18 3.125 Jan 2022 2 262.5 4.63 4.5 Jan 20...
Volume: 54Issue: 49Published at Mon, 05 Dec 2011 -
Shuweihat S3 Power Deal Suggests Dip In Financing Costs
...e issue. It will build four nuclear reactors costing around $20bn, but the first will not come on line until 2017, when power demand is forecast to hit 21.075gw. However, a UAE power expert said that before the nuclear plants start up, Abu Dhabi will still need to increase conventional power pr...
Volume: 53Issue: 51Published at Mon, 20 Dec 2010 -
Qatar Delays Barzan Project Due To Domestic Gas Supply Surplus
...Middle East Economic Survey VOL. LIII No 50 13-Dec-2010 QATAR Qatar Delays Barzan Project Due To Domestic Gas Supply Surplus Qatar delays Barzan – it has a gas surplus up to 2017 and do...
Volume: 53Issue: 50Published at Mon, 13 Dec 2010 -
Baghdad Round 2 Brings Multi-Million Barrel Production Promise
...adhban gave details of the Ministry of Oil’s 2008 five-year and 10-year plans. These called for oil production of 4.1mn b/d to be reached by 2012 and 6mn b/d by 2017. On exploration, the 10-year plan for 2008-17 includes adding some 40bn barrels of oil and some 70 trillion cu ft of gas to Iraq’s proven oi...
Volume: 52Issue: 50Published at Mon, 14 Dec 2009 -
Algeria’s Bid Round Disappoints, Economic Crisis And Tougher Terms To Blame
...mestic gas consumption to rise from an estimated 27.4 bcm this year to between 49.6 bcm and 67.1 bcm in 2017, according to different scenarios. Alnaft Chairman Sid 'Ali Betata was quoted by Algeria’s official daily El Moudjahid as saying that the 12 unawarded permits would be reoffered in 2009, in...
Volume: 51Issue: 51Published at Mon, 22 Dec 2008