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Saudi Aramco And Pertamina Sign MOU For 300,000 B/D Java Refinery
...utheast Asia,” a Saudi Aramco press release said. The Saudi firm is adding 1.2mn b/d to domestic refinery capacity by the beginning of 2017 (see table) and also has signed an MOU with China’s state-owned CNPC for a new 200,000 b/d refinery in China’s southwest Yunnan province. But the refinery drive is...
Volume: 55Issue: 09Published at Mon, 27 Feb 2012 -
Neutral Zone Oil Production Capacity To Increase 180,000 B/D By 2019
...ich will go to Kuwait. The increase in production will start by 2015.” A big increase may come from Chevron’s steam flood development of the Wafra field’s First Eocene reservoir, adding an extra 500,000 b/d of 14-20° API crude, starting to ramp up after 2017. A final investment decision [FI...
Volume: 55Issue: 08Published at Mon, 20 Feb 2012 -
Shah Deniz 2 Gas Supply Decision Likely To Be Taken In Stages
...rope beginning in late 2017 (MEES, 19 December 2011). The situation has been exacerbated by the announcements of a proposed Trans Anatolian Pipeline (TANAP) as an alternative to Nabucco’s cross-Turkey section and also a plan to expand Turkey’s Natural Gas Transmission System (NGTS). However, Socar CEO Ro...
Volume: 55Issue: 08Published at Mon, 20 Feb 2012 -
Chevron Outlines Major Tengiz Investment Plan
...crease Tengiz production to 800,000-850,000 b/d by late 2017. Tengiz is Kazakhstan’s largest field and in 2010 produced 567,000 b/d of oil, 44,000 b/d of natural gas liquids and 822mn cfd of gas. He said that the Caspian Pipeline Consortium (CPC) pipeline, in which Chevron holds 15% equity, has so far ha...
Volume: 55Issue: 08Published at Mon, 20 Feb 2012 -
IEA’s World Energy Outlook: Review And Discussion Of MENA Deferred Investment Case
...S. In terms of production, lower investment in MENA reduces global oil production by 3.8mn b/d at its 2017 peak and 1.5mn b/d in 2035, compared with the NPS. The shortfall in MENA production, of some 3.4mn b/d in 2015, peaks at around 6.2mn b/d in 2020 by which time it is partly compensated by an in...
Volume: 55Issue: 08Published at Mon, 20 Feb 2012