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Verenex Energy’s Row With Libya’s NOC Blows Open
...nse. Nevertheless, Verenex’s Libyan acreage has considerable potential. The proposed development plan that the company submitted to NOC in November last year envisages bringing the discoveries made there on-stream by 2011 at an initial rate of 50,000 b/d of oil and 50mn cfd of gas. Separately, the co...
Volume: 52Issue: 26Published at Mon, 29 Jun 2009 -
JGC Wins Management Contract For PETRORabigh Expansion
...cludes front end engineering for utilities and offsites, in addition to project managing the feasibility study for the expansion, MEES understands (MEES, 13 April). The study is to be completed by the third quarter of next year, and if the project gets the green light, construction should begin in 2011...
Volume: 52Issue: 26Published at Mon, 29 Jun 2009 -
Syria’s 'Alaw Says Five IOCs Were Close To Signing PSCs Last Year
...000 b/d of condensate, is scheduled to start up in the first quarter of 2010. Finally the Jihar Gas Project, which will have a capacity of 4mn cmd of gas, 180 t/d of LPG and 1,800 b/d of condensate, is due for completion in 2011. Syrian gas production is now averaging 21.6mn cmd, according to recent fi...
Volume: 52Issue: 26Published at Mon, 29 Jun 2009 -
GE Energy Signs Contracts Worth More Than $500Mn For Al Dur IWPP
...30% of the kingdom’s existing electricity output, as well as 48mn gal/day (218,000 cmd) of desalinated water. The plant is scheduled to start commercial operation by mid‐2011 and is expected to cost $2.2bn to build, with the debt package pegged at around $1.7bn. The bank facility is carrying ma...
Volume: 52Issue: 25Published at Mon, 22 Jun 2009 -
QP Eyes Decision On 250,000 B/D Shaheen Refinery
...timates for start-up on Qatargas 4 Train 7, the last of Qatar’s LNG ‘mega-trains’, has slipped to 2011, MEES understands. “There is a lot of uncertainty on timing,” notes the source. “As they are fixing problems on Train 4, they assume they will be able to solve these same issues on the other trains. Bu...
Volume: 52Issue: 25Published at Mon, 22 Jun 2009 -
KRG Operators Vying For Position After Oil Exports Start-Up
...ll also feed into the pipeline. Meanwhile, Genel is also building a 60,000 b/d refinery at Koya near Taq Taq and Miran. Some 40,000 b/d of processing capacity will be in place by 2011, with the remaining capacity online in 2012, Heritage said. The $510mn refinery is guaranteed a tolling fee of $15...
Volume: 52Issue: 24Published at Mon, 15 Jun 2009 -
Turkey Reiterates Call For 15% Of Azeri Nabucco Gas
...rticipation in the rival South Stream pipeline. Turkey To Demand Re-Export Clause In 2011 Gazprom Contract Turkish Minister of Energy Taner Yildiz told Ilhas News Agency on 5 June that his country would demand the inclusion of a re-export clause in an extension of the first of three long-term supply co...
Volume: 52Issue: 24Published at Mon, 15 Jun 2009 -
Sofregaz Plans To Reactivate Varamin Gas Storage Project
...Varamin, 70km southwest of Tehran, NGSC Director of Engineering and Construction Mahmoud Nemati told the Ministry of Petroleum’s PIN news service on 8 June. Mr Nemati said the facility would have a gas storage capacity of 540mn cu ms, and would be expected to be completed by late 2011. Sofregaz wa...
Volume: 52Issue: 24Published at Mon, 15 Jun 2009 -
IEA Sees Tougher Financing And Weakening Demand Hitting Energy Investment
...l Total 2012 2014 150 Nsiko Nigeria Offshore Oil Chevron 2011 2015 10...
Volume: 52Issue: 22Published at Mon, 01 Jun 2009 -
ESAI Estimates Call On OPEC Crude At Less Than 30Mn B/D Through 2011
...Middle East Economic Survey VOL. LII No 22 1-Jun-2009 ESAI Estimates Call On OPEC Crude At Less Than 30Mn B/D Through 2011 Slow demand growth after 2008-09’s economic contraction will leave the call on OPEC crude under 30mn b/d through the end of 2011, according to Energy Se...
Volume: 52Issue: 22Published at Mon, 01 Jun 2009