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Dragon Completes Testing Of Dzheitune Development Well
...illed to a depth of 3,512ms and flowed 2,656 b/d of oil. The drilling rig will be moved to drill Dzheitune 28/152, the third development well of an 11-well program planned for 2011. A second development well, Dzheitune B/150, is currently being completed and is scheduled to undergo production te...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Jordan’s Economic Growth Projected To Reach 4.25% In 2011, IMF Says
...Middle East Economic Survey VOL. LIV No 3 17-Jan-2011 Jordan Jordan’s Economic Growth Projected To Reach 4.25% In 2011, IMF Says Real economic growth in Jordan is likely to rise further to 4.25% over the coming year, after posting a growth figure of 3.5% for 2010, the IMF sa...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Energy Minister Joins Lebanon Cabinet Exodus
...ploration in the Lebanese offshore (MEES, 20 December 2010). The ministry held a first workshop on procedures for the implementation of the oil and gas law and was planning a second workshop in February 2011 (MEES, 29 November 2010). Mr Basil also expected that Lebanon would launch its first offshore li...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Middle East Power Projects To Regain Momentum In 2011, Says Frost & Sullivan
...Middle East Economic Survey VOL. LIV No 3 17-Jan-2011 REGIONAL Middle East Power Projects To Regain Momentum In 2011, Says Frost & Sullivan New power generation projects in the Middle East region are expected to regain lost traction in 2011 since demand is projected to nearly do...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Islamic Financial Institutions At A Crossroads, Ernst & Young Say
...Middle East Economic Survey VOL. LIV No 3 17-Jan-2011 REGIONAL Islamic Financial Institutions At A Crossroads, Ernst & Young Say Islamic financial institutions are at a crossroads entering 2011, Ernst & Young said on 9 January. The industry will continue to be resilient in th...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Government Spending Driving Saudi Economic Growth In 2011, Says Jadwa
...Middle East Economic Survey VOL. LIV No 3 17-Jan-2011 SAUDI ARABIA Government Spending Driving Saudi Economic Growth In 2011, Says Jadwa The Saudi economy is expected to strengthen in 2011. Economic performance will improve though it will remain driven by government sp...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Saudi Economic Outlook Bullish For 2011, Says Riyad Capital
...Middle East Economic Survey VOL. LIV No 3 17-Jan-2011 SAUDI ARABIA Saudi Economic Outlook Bullish For 2011, Says Riyad Capital Latest economic figures point to signs ofprogress in the Saudi economy, Riyad Capital (RC) said in its latest Monthly Economic Report, with all le...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
DEWA Receives Bids For Study On Coal-Based Electricity Generation
...pected to be announced in the first quarter of 2011....
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Political Comment (17 January 2011)
...Middle East Economic Survey VOL. LIV No 3 17-Jan-2011 POLITICAL COMMENT Political Comment (17 January 2011) Tunisian President Zine al-Abidine Ben Ali has responded to violent unrest in the country by announcing that he will not run for reelection in 2014. Lebanon's na...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Saudis Accelerate Multi-Billion Dollar Downstream Drive
...Middle East Economic Survey VOL. LIV No 1-2 3/10-Jan-2011 SAUDI ARABIA Saudis Accelerate Multi-Billion Dollar Downstream Drive The first half of 2011 is likely to be a watershed period for the Saudi refinery and petrochemical sector, with state-owned Saudi Aramco set to...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Yemen’s 2011 Draft Budget Targets Structural Reforms
...Middle East Economic Survey VOL. LIV No 1-2 3/10-Jan-2011 YEMEN Yemen’s 2011 Draft Budget Targets Structural Reforms The Yemeni economy faces a number of economic, social and political challenges, according to the 2011 budget statement issued by the government after ap...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
WTI Eases From Lower $90s/B Range, But IEA’s Birol Warns Price In ‘Danger Zone’
....14 89.75 92.32 90.22 30 Dec 89.84 93.09 89.54 91.27 89.47 31 Dec 91.38 94.75 88.76 92.93 88.99 2011 3 Jan 91...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
OAPEC Ministers Agree Oil Market Well Supplied
...ile Oman was trading at Dubai plus $0.70-0.85/B. The formulas for February 2011 and the previous 12 months for deliveries to the US, Europe and the Far East – on an FOB Saudi Arabia basis, 50 days after B/L for the US, 40 days after B/L for NW Europe, and B/L date to the Far East – are as fo...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Saudi Propane Price Set At Record $935/Ton For January, Butane Reduced To $920/Ton
...Middle East Economic Survey VOL. LIV No 1-2 3/10-Jan-2011 OIL PRICES/SAUDI ARABIA Saudi Propane Price Set At Record $935/Ton For January, Butane Reduced To $920/Ton Saudi Aramco has announced its January 2011 LPG contract prices for customers, with propane being set at a re...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Crude Oil Formulas/Posted Prices
....05 74.75 Algeria (Dated Brent + / - Adjustment Factor; $/B) 2011 2010 Jan Dec Nov Oct Sep Aug Jul Jun May Apr Ma...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Gazprom Considers Role Of Gas Sales Intermediaries
...tween Moscow and Sofia over the South Stream gas pipeline project. However, in November Russia’s Prime Minister Vladimir Putin agreed during a visit to Sofia to phase out all intermediaries during 2011-12, with a view to establishing from 2013 direct sales contracts between Gazpromexport and Bulgargaz....
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Cyprus Agrees Details Of $6Bn LNG Supply Deal With Shell
...ich happens to lie some 60km away from Israel’s latest gas discovery – the 16 tcf Leviathan field. Noble Energy is obliged to drill a well in Block 12 between October 2011 and October 2013 (MEES, 13 December 2010)....
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Dana Gas Egyptian Production Averaged 42,000 BOED During 2010
...d-2012. Dana will conduct a 14 well exploration program during 2011. It added that crude oil production at the Komombo concession, which it shares 50:50 with Sea Dragon Energy, averaged 620 b/d and is now producing 800 b/d....
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
POGC Plans Euro And Rial Bond Issues To Finance South Pars Work
...uth Pars gas field in the next Iranian year (21 March 2011 – 20 March 2012) is expected to exceed $12bn. Dr Vakili said that the company plans to issue, in the Iranian month of Bahman (January 21 – 20 February), in cooperation with the National Iranian Oil Company (NIOC) and the Central Bank of Ir...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Noble Energy Makes Major Gas Discovery Offshore Israel With Leviathan Well
...cosia, the US firm is obliged to drill an exploration well in Block 12 between October 2011 and October 2013 (MEES, 13 December 2010), and Delek holds an option to acquire 30% of Block 12. In December Israel and Cyprus signed an agreement for the delimitation of their respective EEZs (MEES, 27 De...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011