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Algeria Pushes New Refineries Beyond 2020, Fuel Deficit To Worsen
...spectively (see table). Biskra and Tiaret were part of an earlier four-refinery plan, with both initially due for 2017 start-up, to be followed by similarly sized projects at Ghardaia and Hassi Messaoud. Sonatrach started civil works at Biskra in 2012 and officially launched the project in 2013, saying it wo...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
Oman Turns To Sun For EOR And Rural Electricity
...heme at Amal field in 2010, producing 50 m3/d of steam. This 7MW plant will continue operating once the full-scale development is completed. The project will break ground this year, with start-up of the first glasshouse module due in 2017. The finished plant will comprise 36 glasshouses, which will be...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
KRG Helping Hand To Kirkuk Province Threatens To Widen Rift With Baghdad
...tback value of $50-54/B for exports from Ceyhan, based on the same Brent price but minus a $5/B quality discount, $6/B pipeline, throughput and trucking costs to Fishkabur. GKP says it has brought down the per barrel production cost at Shaikan to $5/B in 2015 from $7/B in 2017. Its total gross in...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
Kuwait Posts First Deficit In 15 Years
...oner than the 2017-21 timeframe that many international organizations had predicted. “The state treasury faces many challenges, the most important of which is the rise in current expenditure,” he says. As this becomes a permanent feature in the budget, it piles pressure on state’s finances and be...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
Egypt Hopes To Attract IOCs To Its Western Mediterranean Waters
...yptian gas is set to remain on a downward trajectory until late 2017 when the BP/Dea $12bn West Nile Delta (WND) project is set to start up (MEES, 27 March). Output is slated to ramp up to 1.2bn cfd by 2018, the equivalent of more than a quarter of current output. Egypt is looking to plug the gap be...
Volume: 58Issue: 27Published at Fri, 03 Jul 2015 -
Iraqi Oil Exports Set New Record In June; Southern Volumes Top 3Mn B/D
...thin a month and ultimately reach its plateau target of 1.2mn b/d early in the next decade, slightly behind the original timeline. Also expected to rise is production from Gazprom’s Badra oil field after initial delays. Operator Gazprom Neft says output is expected to rise to 170,000 b/d by 2017. The co...
Volume: 58Issue: 27Published at Fri, 03 Jul 2015 -
Egypt Adds To Solar Plans, Looks To Fund Massive Power Expansion
...Fuel Mahmoudya (2015) 0.33 Gas Siemens (turbines, 2017-20) 2.00 Wind Damietta West* (2015) 0.25 Ga...
Volume: 58Issue: 27Published at Fri, 03 Jul 2015 -
Turkey Orders 1.6GW Of Turbines For Gas-Fired And Wind Projects
...2017. The turnkey engineering, procurement and construction (EPC) contractor is local firm Gama Power Systems. Siemens will deliver two generating units, each rated at 600MW and comprising a gas turbine, steam turbine, generator and control systems. Siemens will also supply a gas turbine, st...
Volume: 58Issue: 27Published at Fri, 03 Jul 2015 -
Iran’s Oil Production Boost Scenarios In A Post-Sanctions Era
...the south using EOR/IOR operations. 2 - Produce new resources of crude oil from heavy oilfields located west of the Karun River, otherwise known as the ‘West Karun’ oilfields (North and South Azadegan, Yadavaran, Jofayr, Sohrab, Susangerd, Yaran). NIOC announced that by 2017-18 its oil pr...
Volume: 58Issue: 27Published at Fri, 03 Jul 2015 -
Iraq: Crisis Remains At The Door Despite Badra Start Up
...oil from the south to attain its production and export targets. Badra is due to ramp up to 60,000 b/d by the end of the year and attain plateau production of 170,000 b/d by 2017. Once commercial production is attained, the foreign contractors will be paid a remuneration fee of $5.5/B. Gazprom Ne...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
MENA Leads OPEC Refining Hike As First Mega-Refinery Comes Onstream
...wly released Annual Statistical Bulletin 2014. The data includes the first of the Gulf mega-refineries to be completed: the 400,000 b/d Satorp joint venture of Saudi Aramco and France’s Total. The similar-sized Aramco/Sinopec Yasref refinery and Aramco Jazan refinery are due onstream in 2014 and 2017...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
Oman Ramps Up Plant Construction To Meet Rising Power Demand
...mpany has started the bidding process for an engineering, procurement and construction (EPC) contract, with a start-up target of 4Q16. OPWP has also requested proposals for a 200,000 cmd IWP at Qurayyat, with a view to start-up in March 2017. OPWP has shortlisted sites in the Ibri, Sohar and Suwaiq re...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
Jazan Development: Saudi Aramco Sprints To The Rescue
...nopec 400 Jazan (2017) 100 400 End-2017 Domestic 3,305 Port Arthur, US 50...
Volume: 57Issue: 30Published at Fri, 25 Jul 2014 -
Leviathan 3Tcf Boost
...erated ELNG plant at Idku – MEES, 4 July). They also have deals to supply gas to Israel and the Palestinian Territories. Turkish companies are looking to import Leviathan gas, while the partners have entered into a tender to export gas from 2017 to nearby Cyprus. Cyprus also hopes to secure Leviathan ga...
Volume: 57Issue: 29Published at Fri, 18 Jul 2014 -
Orpic Awards Liwa Technology Licenses As Gulf Petchem Juggernaut Rolls On
...abia 2016 50 polyacetal SABIC/Mitsubishi Jubail, S Arabia 2017 250 MMA, 40 PMMA QP/Shell (Al-Karaana) Ras Laffan, Qatar 2017...
Volume: 57Issue: 29Published at Fri, 18 Jul 2014 -
Turkey’s Petkim Nears Ethylene Expansion
...tkim complex, which currently relies on imports. Petkim has signed a 20-year agreement with the STAR Rafineri company for the supply of 270,000 t/y of mixed xylenes and 1.6mn t/y of naphtha. Socar Turkey aims to start up the refinery in 2017. Socar Turkey recently secured a total $3.29bn of loans fo...
Volume: 57Issue: 29Published at Fri, 18 Jul 2014 -
Israel Secures Funds For 121MW Solar CSP Plant
...ncentrated solar power (CSP) plant in Israel. Total project cost is estimated at NIS2.9bn ($850mn). Plant completion is scheduled for early 2017. BrightSource will provide the heliostats and optical concentrating device, with Alstom undertaking engineering, procurement and construction (EPC) as well as op...
Volume: 57Issue: 29Published at Fri, 18 Jul 2014 -
Iraq Deploys Drones To Protect Southern Fields
...itial rate of 15,000 b/d, rising to 60,000 b/d shortly after that. The field will reach peak production of 170,000 b/d by 2017. ...
Volume: 57Issue: 29Published at Fri, 18 Jul 2014 -
Sisi Risks Price Reform To Boost Energy Sector
...e deal is almost finalized, and Petroleum Minister Sharif Isma’il told the press that the project is on track to come online in 2017. Mr Allman-Ward tells MEES that developing North El-Arish will only be possible if the company receives remuneration above the standard gas price, and Mr Isma’il ha...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014 -
Algeria Says Output Will Rise 15% By 2018.
...aly’s Edison, which will start production in 2017. Touat, also 4.4 bcm/year, operated by France’s GDF, and the 1.8 bcm/year Total-operated Timimoun are also slated for 2017 start-up. All three projects have already suffered extensive delays. In addition, the report details three Sonatrach-operated fi...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014