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Shuweihat S3 Power Deal Suggests Dip In Financing Costs
...e issue. It will build four nuclear reactors costing around $20bn, but the first will not come on line until 2017, when power demand is forecast to hit 21.075gw. However, a UAE power expert said that before the nuclear plants start up, Abu Dhabi will still need to increase conventional power pr...
Volume: 53Issue: 51Published at Mon, 20 Dec 2010 -
Qatar Delays Barzan Project Due To Domestic Gas Supply Surplus
...Middle East Economic Survey VOL. LIII No 50 13-Dec-2010 QATAR Qatar Delays Barzan Project Due To Domestic Gas Supply Surplus Qatar delays Barzan – it has a gas surplus up to 2017 and do...
Volume: 53Issue: 50Published at Mon, 13 Dec 2010 -
Future Global Need For The Increase In Iraq’s Oil Production
...low, Iraq has signed a number of contracts with major oil companies with a view to increasing its oil production from 2.5mn b/d to around 12mn b/d in 2017. Iraqi Upstream Awards Area Winning Consortium Remuneration Fee ($Bn...
Volume: 53Issue: 50Published at Mon, 13 Dec 2010 -
BSF Says Saudi State Expenditure Increasing Breakeven Oil Price
...vernment spending, the breakeven price of oil could rise to $98/B by 2017,” the report asserts. Saudi Breakeven Oil Price Rises Rapidly Source: SAMA, Banque Saudi Fransi forecasts. Nominal GDP figures released by the government for 1H10, meanwhile, have indicated strong growth in the non-oil pr...
Volume: 53Issue: 49Published at Mon, 06 Dec 2010 -
Union Railway Awards Consultancy And Preliminary Engineering Contracts
...ance’s Systra has won the project management consultancy contract for the UAE’s $11bn Union Railway project. The initiative, which is due for completion in 2017, will see the emirates linked by 1,500km of freight and passenger rail networks. It will form an integral part of the planned pan-Arab Union Ra...
Volume: 53Issue: 49Published at Mon, 06 Dec 2010 -
Iraq’s Oil Expansion And Market Stability
...re to produce a massive 9mn b/d capacity increment – bearing in mind the Iraqi oil ministry’s recent avowal of a target of around 12mn b/d by 2017. This presupposes that other OPEC members would be forced to minimize their own production quotas drastically enough to allow Iraq this immoderate ou...
Volume: 53Issue: 49Published at Mon, 06 Dec 2010