- Sort by:
- Score
- Published ▼
-
Iraq Adds Southern Storage Capacity In Bid To Ease Export Bottlenecks
...10. But midstream capacity has not kept pace with the upstream increments, which prompted the oil ministry to lower its expectations of plateau production from the main six producing fields in the south. Initially targeted to rise above 13mn b/d by 2017, the oil ministry has renegotiated the co...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Sonatrach And Gazprom Revive LNG Supply Talks
...LNG cargoes (see below) – it so far has only one LNG production facility, at Sakhalin north of Japan, though a second at Yamal in the Russian Arctic is slated for 2017-18 start-up (MEES, 13 February). The latest deal would likely consist in a short- to medium-term agreement for deliveries on th...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
MENA Nuclear Program Expanding, But Some Preliminary Schedules Sliding
...at Iran’s nuclear program has a military element. UAE’s ENEC says that Barakah-1 is 61% complete and expected to start generating in 2017 as scheduled. Construction is underway on the second and third reactors, while the site is being prepared for the fourth. Kepco has completed construction of th...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Warring South Sudan Factions In Last-Chance Saloon
...ly 2017. But peace cannot be delayed, and this should not detract from the formation of a transitional government by 9 July… Adhering to commitments made since last May to form a transitional government is the way to address the issue of government legitimacy,” Mr Cannell says. IMPLEMENTATION ST...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Egypt’s Qalaa Raises Capital
...the subsidiaries and business units that are best positioned to benefit from the economic recovery in Egypt. Qalaa Holdings energy investments include refining, energy distribution, power generation and renewables. The company key project is the $3.7bn construction by 2017 of secondary re...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Dubai’s DEWA Adding 700mw, Repays $1bn
...nerating capacity will reach 10.36GW of electricity.” M-Station expansion is one of three DEWA capacity additions under way. First is a 200MW solar photovoltaic (PV) plant, which is being built by Saudi firm ACWA Power and Spain’s TSK for start-up in April 2017 (MEES, 30 January). DEWA is also te...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Algeria: Mixed Shale Signals Highlight Deeper Economic, Political Disarray
...illed with production scheduled to begin in summer 2017. The Reggane Nord project covers several gas fields: Reggane, Azrafil Sud-Est, Kahlouche, Kahlouche Sud, Tiouliline and Sali. At In Salah Sud, BP expects production to start this year, with initial output of 500mn cfd. The project is designed to...
Volume: 58Issue: 08Published at Fri, 20 Feb 2015 -
Oman Ramps Up Scope Of Sohar Plans
...d Korea’s LG (30%), plans to develop the complex in two phases. The PTA plant will have capacity to produce 1.1mn tons/year, while the PET plant will comprise two 250,000 t/y units, the first of which is due for completion in late 2017. FEEDSTOCK LINKS The PTA unit will process pa...
Volume: 58Issue: 08Published at Fri, 20 Feb 2015 -
BP Predicts OPEC’s Second Coming
...0,000 b/d to 750,000 b/d. The $10bn ExxonMobil-led project is now scheduled for completion by 2017, having already been pushed back from 2015. “While the oil price crash has made the low-cost reserves in the UAE look even more attractive, it has also led to corporate belt tightening that may make it di...
Volume: 58Issue: 08Published at Fri, 20 Feb 2015 -
Oman: Musandam IPP Bids Sought
...velop 90MW of renewables capacity by 2020. Raeco recently awarded UAE renewables firm Masdar a contract to build Oman’s first wind farm. This will comprise around 20 wind turbines with 50MW capacity to be built at Harweel in the southernmost Dhofar governorate for start-up in 2017 (MEES, 17 October 20...
Volume: 58Issue: 08Published at Fri, 20 Feb 2015 -
Libya Peace Talks Begin But Economy Slides Towards Ruin
...uld run out in May 2017. Libya’s budget deficit in 2014 was $19bn. The only way to replenish these reserves is by a resumption of oil exports in substantial volumes. This is unlikely. The Sidra and Ras Lanuf terminals, which have combined capacity of about 600,000 b/d, are still closed. NOC de...
Volume: 58Issue: 07Published at Fri, 13 Feb 2015 -
Total Takes The Long-Term View On Global Lng Markets
...the political and military crisis between Ukraine and Russia – we hope that this geopolitical context will change sooner rather than later. We are still hoping for a start-up in 2017-18. We have already incorporated Yamal LNG output in our portfolio, and we are expecting good news from the US on...
Volume: 58Issue: 07Published at Fri, 13 Feb 2015 -
Mideast To Add 1.7Mn B/D CDU Capacity By 2020; Highest Growth Worldwide-IEA
...ndar Abbas is reportedly nearing completion and the first phase is expected to be commissioned in 2017, significantly increasing the country’s gasoline and diesel output. Once the three phases of the project are completed, Iran could become a net gasoline exporter,” the IEA says. Iran imported a record 17...
Volume: 58Issue: 07Published at Fri, 13 Feb 2015 -
Hyundai Awards Subcontracts For Abu Dhabi’s Mirfa
...d extend motor life. Mirfa will have a capacity of 1.6GW and 240,000 cmd. It is scheduled to be brought online in phases during 2016 and 2017. The power and desalination units will respectively incorporate CCGT and reverse osmosis technology. The plant will require a supply of 230mn cfd of ga...
Volume: 58Issue: 07Published at Fri, 13 Feb 2015 -
IEA Slashes Non-OPEC Supply Growth projections
....54mn b/d in 2017 and 32.12mn b/d in 2020. Overall, the IEA expects the ‘Call on OPEC’ to increase 2.68mn b/d between 2014 and 2020. And with total capacity in the group’s 12 members rising 1.22mn b/d over this period, “barring any disruption, the group’s spare production capacity is expected to remain am...
Volume: 58Issue: 07Published at Fri, 13 Feb 2015 -
Abu Dhabi Plays High Stakes Oil Game
...noc) to help evaluate the Hail Dalmah and Ghasha fields in a program that will run until 2017. Houston-based Oxy will have a 30% stake in a joint venture with Adnoc to evaluate development prospects for the two fields by running 3D seismic surveys, drill appraisal wells and conduct engineering studies fo...
Volume: 58Issue: 07Published at Fri, 13 Feb 2015 -
BG Slashes Egyptian Spending As Production Plummets
...nistry of Petroleum’s latest forecasts. The ministry forecasts Egyptian gas output of 5.03bn cfd for the 2014-15 financial year – a number which looks optimistic given actual output of 4.6mn cfd for the first half of the period – falling to 4.85bn cfd for 2017-18. ISRAELI, CYPRUS GAS TA...
Volume: 58Issue: 06Published at Fri, 06 Feb 2015 -
Iran Starts Work On Qeshm Power/Desal Plant
...ectricity and desalinate 100,000 cmd of water. Start-up is scheduled for early 2017. The power plant will incorporate two gas turbines and a heat recovery steam generator, all manufactured by Mapna’s TUGA subsidiary. TUGA acquired gas and steam turbine technology from European manufacturers during 20...
Volume: 58Issue: 06Published at Fri, 06 Feb 2015 -
Total Still Leads The Pack On UAE’s Adco Concession
...om 2017, when total production from the onshore fields, operated by the renamed Abu Dhabi Company for Onshore Petroleum Operations Limited (Adco), is set to rise to 1.8mn b/d. WORTH THE COST “The second aspect is that it is for 40 years, which is quite unique in terms of length,” Mr Michel sa...
Volume: 58Issue: 06Published at Fri, 06 Feb 2015