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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 -
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