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Bahrain Discovers New Crudes As Gas Plans Take Shape
...eds to be reinjected to maintain reservoir pressure. It is envisaged that the increased gas contribution from Tatweer will tide Bahrain over until the proposed LNG import terminal is completed towards the end of 2014 and new gas sources are found on and offshore, said Dr Mirza, noting that NOGA is...
Volume: 55Issue: 09Published at Mon, 27 Feb 2012 -
Neutral Zone Oil Production Capacity To Increase 180,000 B/D By 2019
...afji, which produces 50-60mn cfd, and allow KGOC to implement its 1% flaring policy by 2015. French contractor Technip announced on 14 February it had won the 110km gas and condensate pipeline contract, to be completed by the second half of 2014. The pipeline will also take non-associated gas from Dorra fi...
Volume: 55Issue: 08Published at Mon, 20 Feb 2012 -
DEPA Looks To Link East Mediterranean Gas Discoveries With Greek Grid
...r Azerbaijan’s Shah Deniz Stage 2 gas – and also through the Interconnector Greece-Bulgaria (IGB) gas pipeline project, a 170km gas line that may be ready for operation by early 2014. While the ITGI is designed to send gas westward into Italy, the IGB is to move gas into the Balkans. The discoveries of...
Volume: 55Issue: 07Published at Mon, 13 Feb 2012 -
Reggane Nord Green Light Paves Way For Algeria Gas Mega-Development
...mel. It is not clear how the delays will impact project timing, but clearly the pipeline construction schedule will be a critical factor. Back in 2009, first gas from Timimoun and Touat was expected in 2013, with Reggane Nord projected to start production in 2014. The delay might allow phase two in...
Volume: 55Issue: 06Published at Mon, 06 Feb 2012 -
Doubts Gather Over Gulf Petrochemical Plans
...own at 5% a year for the past 25 years, according to Shell. It is the main building block for the olefin petrochemicals, and is used in many key products and in particular polyethylene. But China is building plants at a faster rate and by 2014 will likely have ethylene cracking capacity roughly eq...
Volume: 54Issue: 09Published at Mon, 28 Feb 2011 -
Noble Energy Looks To Accelerate Cyprus Offshore Program
...an LNG plant is feasible. Furthermore, MEES sources suggest that Israel’s Tamar gas could be developed to arrive on the island as early as January 2014. Cyprus announced in late December that it had reached an initial agreement with Shell for the supply of LNG over a 20-year period after me...
Volume: 54Issue: 08Published at Mon, 21 Feb 2011 -
Algeria’s Southwest Gas Project Awaits Approval Amid Political Turmoil
...pply its future contracts,” notes one source close to the project. Reggane Nord will cost about $1bn to develop, with roughly another $1bn to be spent over the lifetime of the project, which if approval is given soon, should come on stream in 2014. Around 70 wells in all will be needed. Reggane No...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
Abu Dhabi’s ADCO Targets 1.8Mn B/D Oil Capacity
...rporation (GHC) and 30% by Athens-based Consolidated Contractors Company (CCC), which won part of the $1.3bn Shah and Sahil field development contract last year. Phase 2, scheduled to come on stream by 2014 ,will add another 70,000 b/d of new capacity, which will come from Bab, Asab and North East Bab. Me...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
Algeria Unveils 2010 Budget With 12.9% Increase In Expenditure
...ll also focus on the domestic market. According to a recent government report the plan is expected to achieve an average growth rate of 5% over 2010-14 and to reduce unemployment to less than 10% by 2014 from 11.3% in 2008 with the creation of some 3mn new jobs. Limited Effect Of Global Financial Cr...
Volume: 53Issue: 07Published at Mon, 15 Feb 2010 -
North Africa’s Largest Project Financing Eyes Finishing Line
...TK) contract and is scheduled for completion in 2014 (MEES, 24 August 2009). It was originally due on stream in 2011 at a cost of $2.25bn (MEES, 26 January 2009, 30 June 2008)....
Volume: 53Issue: 05Published at Mon, 01 Feb 2010 -
Yemen Accelerates Upstream Efforts As Oil Production Falls
...ock 51 and 275,000 b/d of water. Crude output is expected to fall to around 10,500 b/d by end-2008. “With the existing wells and the wells we are drilling in 2008, we have oil until 2014 at which date we will be producing around 3,500 b/d of oil,” Mr Lett said. The PSA on the Block expires in 20...
Volume: 51Issue: 08Published at Mon, 25 Feb 2008