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Iran To Sideline Sinopec At Yadavaran
...state giant NIOC, which today jointly operates the field with Sinopec. This follows significant delays at the field – one of several key projects Iran hopes could help boost its domestic oil producing capacity over the coming years. Iran is targeting a highly ambitious 5.7mn b/d by 2017, up fr...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014 -
Kuwait Clarifies Al-Zour Plans, Iraq Projects Halted
...r “mid-year”. The Aramco-Sinopec Yasref refinery has a target start-up date of 30 September. Aramco’s Jazan refinery is now expected online in 2017 after a six-month delay in tendering a linked power project. UAE’s Ruwais Expansion was scheduled for 1Q14 start-up, but commissioning is now under way fo...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014 -
Abu Dhabi Power Capacity Hits 13.9GW
...th a small amount provided by burning diesel and last year a tiny amount from direct crude burning. There is also one 100MW solar plant. Total power and water produced by ADWEC in 2013 amounted to 65.49TWh and 263bn gallons (1.2bn cu ms) respectively. Diversity Plan In 2017 the Emirates Nuclear En...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014 -
Cyprus: IMF Calls For Banks, Energy Restructuring
...osed a tender to import average volumes of between 0.6 and 1bcm/year for up to 10 years with first gas to be delivered between 1 January 2016 and 30 June 2017. Awarding a tender this year is unlikely (MEES, 18 April). Resource Fund The IMF review also calls for “an institutional framework for th...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014 -
Egypt’s LNG Imports Face Delays
...d minority partner RWE-Dea. Wnd Boost After experiencing some delays, the project is now on track for coming online in 2017, Egypt’s Petroleum Minister Sharif Isma’il told the press last week. Talks for a comprehensive final agreement on the project are ongoing, according to Mr Molla. “We...
Volume: 57Issue: 27Published at Fri, 04 Jul 2014 -
BG Signs Deal To Pipe Israeli Gas To Egyptian LNG Plant
...s over a 20-year period once Leviathan begins production. The Leviathan partners, Houston-based Noble (operator with 39.66%) and Israeli firms Delek (45.34%) and Ratio Oil (15%), are looking to finalize a development plan this year with a view to produce first gas from late 2017, although MEES views su...
Volume: 57Issue: 27Published at Fri, 04 Jul 2014 -
Will Fujairah Get With The LNG Bunkering Trend?
...vestment Company (IPIC) and state-owned Mubadala, plan to build a 1.2bn cfd LNG import facility at Fujairah by 2016 or 2017 (MEES, 15 November 2013). Environmental Regulations Behind the burgeoning market in LNG bunkering is more stringent regulation of maritime emissions (MEES, 20 June). Within Em...
Volume: 57Issue: 27Published at Fri, 04 Jul 2014 -
Aramco Doubles Stake In Korean Refiner, Part Of Global Downstream Push
...92mn b/d, and is a partner in three refineries – two in Saudi Arabia and one in China – with a combined capacity of 1.06mn b/d which are due onstream by the end of 2017. Alongside the refinery, S-Oil also operates the Bunker-C Cracking Center (BCC), which processes Bunker-C (No 6 fuel oil) output from th...
Volume: 57Issue: 27Published at Fri, 04 Jul 2014 -
Saudi Hikes Generation Capacity, Boosts Combined Cycle Usage
...uqaiq 2.64 HFO 2017 U/C PP13 1.65 Gas 2017 U/C PP14 1.65 Ga...
Volume: 57Issue: 27Published at Fri, 04 Jul 2014 -
230,000 B/D Garraf Joins List of Delayed Iraqi Projects
...late 2011/early 2012, causing a delay of at least two years to the original 2015 phase 1 start-up (MEES, 26 March 2012). Current project manager, CH2M Hill believes it can still make the 5.2mn b/d phase 1 start up by 2017 (MEES, 22 March), but most Iraqi oil investors are skeptical. A high pr...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
Abu Dhabi: Onshore Pumps 1.5Mn B/D, Investing $40Bn
...0,000 b/d oil field development of the offshore Umm Lulu field will form part of a 400,000-1mn b/d boost to the Emirate’s output by 2020 (see map, p3 and MEES, 21 June). The last time the target was publicly stated, it was for 2017, though it was originally for 2015. Abu Dhabi is half wa...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
Aramco Rigs To Hit 200 By End-14, But Drilling Delayed
...0,000 b/d by end 2014, and plans a 300,000 b/d expansion at Khurais to 1.5mn b/d and a 250,000 b/d push to 1mn b/d at Shaybah by 2017 (MEES April 19). But Aramco’s short-term deployment of more rigs has been delayed, according to fellow services firm Baker Hughes. CEO Martin Craighead to...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
OPWP Sets Out Development Priorities, Reports 2012 Progress
...ntracts is due to expire in 2017, with a total of five due out of 12 existing deals due to expire by the end of 2020. The study is due for completion in 2013. OPWP’s latest seven-year outlook foresees strong demand growth in its two main grids, with MIS peak demand rising by 9.5% a year to 8.1gw in...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
IEA Sees Mixed Fortunes For North African, Mideast Refiners
...skra and Tiaret. These are among four 100,000 b/d refineries planned for start-up in 2017 (MEES, 15 March). Algeria’s planning appears to be getting increasingly ambitious, with Ali Hached – advisor to energy minister Yousef Yousfi – telling reporters in early July that the country aims to build six re...
Volume: 56Issue: 29Published at Fri, 19 Jul 2013 -
QP And Qapco Award Al-Sejeel FEED to Bechtel
...th a target of raising total petrochemical output to 23mn t/y by 2020 from 16.8mn t/y at end-2012. Earlier QP and Shell awarded US firm Fluor a FEED contract for the Al-Karaana petrochemicals complex at Ras Laffan. This is due to start up in 2017 with capacity to produce 1.5mn t/y of monoethylene gl...
Volume: 56Issue: 29Published at Fri, 19 Jul 2013 -
Law Change Hands Power, Oil Revenues To Iraq’s Provinces
...ound 8mn b/d by 2017; 6mn b/d by 2023 more likely. Includes 110,000 b/d refinery Misan 380 694 Includes 30,000 b/d refinery. Contracted to rise to 950,000 b/d by 2017; 700,000 b/d by 2020 more li...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013 -
Oman LNG Posts 10% Revenue Growth For 2012
...ich a price agreement was reached with Muscat last month (MEES, 7 June) – will temporarily ease the crisis when it comes onstream in late 2017/early 2018. In total, 85 cargoes were shipped from the two OLNG trains at Sur in 2012, with the QLNG train contributing a further 46 cargoes. An ad...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013 -
Iran-Pak Pipeline Inches Forward But Completion Unlikely Before 2017
... IRAN Iran-Pak Pipeline Inches Forward But Completion Unlikely Before 2017 Islamabad has suggested the near-800km Pakistani segment of the planned 750mn cfd Iran-Pakistan (IP) gas pipeline project will be completed by end-2014. But a combination of financial and po...
Volume: 56Issue: 27Published at Fri, 05 Jul 2013 -
BP To Sign Gas Deal With Oman By September
...gotiating price, how much gas the company can produce and over what period of time. The government has recently raised the cap it puts on what it pays producers to $3/mn BTU. Nonetheless BP is hoping to get $4-6/mn BTU for the 1bn cfd of gas it expects to produce by 2017 and a share of the 20...
Volume: 55Issue: 31Published at Mon, 30 Jul 2012 -
Confusion Spreads Over Abu Dhabi Oil Fields Concession
...nce the process started and Abu Dhabi, which suffers from a severe gas shortage each summer, does not expect to get full gas output from Shah until 2015. Onshore oil projects also face delays. ADCO’s official target date has slipped from 1.8mn b/d production capacity in 2016 to 2017, partly du...
Volume: 55Issue: 30Published at Mon, 23 Jul 2012