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BP Starts Drilling Of First Risha Gas Well
...said to be currently receiving 30mn cfd of gas from Egypt instead of the 300mn cfd needed to fuel the country’s power plants (MEES, 11 June). Jordan Plans LNG Terminal By 2014 Jordan plans to begin importing LNG via a gas terminal which is to be built on the Red Sea port of 'Aqaba by...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
IMF Says Kuwait’s 2012 Economic Outlook Positive Despite Political Instability
...blic Pension Fund. In 2008-09, KD5.5bn were transferred. KD1.1bn is budgeted for each year from 2010-11 to 2014-15. 4. Excludes debt of Kuwait’s sovereign wealth fund related to asset management operations. 5. Excludes special drawing rights and IMF reserve position. 6. Change in the Ku...
Volume: 55Issue: 26Published at Mon, 25 Jun 2012 -
Bahrain Tender Board Continues To Evaluate LNG Import Terminal Bids
...the 5th OPEC International Seminar in Vienna on 13 June. The winner is expected to be announced before the end of the year and then the front end engineering and design (FEED) will start. The tender specifies the import of 400-800 cfd of LNG for 15 years starting in 2014. Like the other Gu...
Volume: 55Issue: 25Published at Mon, 18 Jun 2012 -
Petrokemya And Tecnicas Reunidas Plan To Establish ABS Plant
...change website. The ABS project is expected to be mechanically completed during the fourth quarter of 2014. The project will produce a variety of grades of ABS to support the automotive and electrical appliance industries. ...
Volume: 55Issue: 25Published at Mon, 18 Jun 2012 -
NIORDC Announces Oil Products Agreement With Iraq
...ana that the two sides confirmed an agreement for the construction of a 270km gas pipeline by December 2014 for the supply of 25mn cmd of Iranian gas to the Baghdad and al-Mansoura power plants. Mr Owji added that Iraq again expressed its support for a 5,800km gas pipeline linking Iran with Iraq, Sy...
Volume: 55Issue: 24Published at Mon, 11 Jun 2012 -
Pakistani President Reaffirms Commitment To Iran-Pakistan Gas Pipeline
...s government was committed to complete its part of the 7.8 bcm/year capacity pipeline by 2014. In related news National Iranian Gas Company (NIGC) director of gas distribution Mostafa Sheikh Bahaie told reporters on 5 June that the Iranian component of the Iran-Pakistan pipeline was almost 75% co...
Volume: 55Issue: 24Published at Mon, 11 Jun 2012 -
Bahrain Narrows In On Preferred Bidders For LNG Import Terminal
...mpany, Nogaholding, told MEES. The tender board, which meets weekly, will then decide whether to approve the choice, and if it does the results will be published. The tender specifies the import of LNG equivalent to 400-800mn cfd of gas for 15 years starting in 2014. Like the other Gulf countries, with th...
Volume: 55Issue: 23Published at Mon, 04 Jun 2012 -
Saudi Aramco Steps On The Gas
...gnificant for gas will be the start-up of the offshore 1.3bn cfd Hasbah and 1.2bn cfd Arabiyah non-associated fields in 2014 to feed the Wasit gas plant, currently under construction. Ordinary supply of 2.5bn cfd will produce 1.75bn cfd of sales gas and can be augmented to 3.05bn cfd in peak summer demand mo...
Volume: 55Issue: 23Published at Mon, 04 Jun 2012 -
Kuwaiti Real GDP Growth Expected To Hit 4.7% In 2011, NBK Says
...ojects (MEES, 27 September 2010). The ambitious KD31bn ($112.8bn) plan – ending in 2014 – calls for spending an amount close to KD5bn ($18.2bn) on infrastructure in the 2010-11 fiscal year. However, the government expects actual spending to only be around the KD2.5bn ($9.09bn) mark, or 50% of the to...
Volume: 54Issue: 25Published at Mon, 20 Jun 2011 -
Saudi Authorities Set To Overhaul Private Sector Employment Rules, BSF Says
...ployment quotas. Ultimately, the government’s aim is to create of 1.12mn new jobs for Saudi citizens by 2014. In its latest Saudi Arabia Economics report, BSF warns: “the initial shock of Nitaqat, if enforced with vigor, could lead numerous smaller businesses to shut down, shake already feeble fo...
Volume: 54Issue: 25Published at Mon, 20 Jun 2011 -
Alstom Awarded €500Mn EPC Contract By Dalia For 835MW Tzafit Power Plant
...s-fired power plant at Tzafit in Israel. The contract covers the supply and construction of two 417mw gas-fired combined cycle units as well as associated civil works and switchgear. The plant will be located 40km southeast of Tel Aviv and commissioned in 2014. Alstom is expected to sign a 20...
Volume: 54Issue: 24Published at Mon, 13 Jun 2011 -
Saudi Aramco Accelerates 900,000 b/d Manifa Offshore Project
...ojects – 1.2bn cfd Arabiyah field and the 1.3bn cfd Hasbah field. They are to come on stream in 2014. While Saudi Aramco’s crude output in 2010 was slightly down from the previous year at 7.91mn b/d, it boosted gas production by over 600mn cfd over the previous year to hit 9.39bn cfd as full ca...
Volume: 54Issue: 24Published at Mon, 13 Jun 2011 -
Total Farms In To Qatar’s Offshore Block BC
...ploration wells drilled by 2014. “The farm-in transaction is another step forward in the partnerships forged with Qatar Petroleum and CNOOC, and reflects Total’s commitment to expanding its exploration and production operations in promising geological basins,” stated Christophe de Margerie, Total’s CEO. To...
Volume: 54Issue: 23Published at Mon, 06 Jun 2011 -
DEWA Invites 18 Developers To Bid For Dubai’s First IPP
...ivate partnership framework,” commented one UAE power expert. DEWA and its advisers, which include HSBC, plan to have a conference with developers in about a month’s time, and this will also include one-to-one meetings with the prospective bidders. The Hassyan I project’s startup is scheduled for 2014...
Volume: 54Issue: 23Published at Mon, 06 Jun 2011 -
Gazprom And Eni Finalize Deal For EDF To Join South Stream, Consider Routing Options
...the main trunk pipeline. The pipeline has reportedly passed hydraulic tests, and will replace a 116km pipeline built in the 1990s. This is the first component of CPC’s plan to more than double the pipeline’s net export capacity to 67 mn tons/year by 2014 at an expected cost of $4.5bn. Tr...
Volume: 53Issue: 26Published at Mon, 28 Jun 2010 -
Lebanon Approves Electricity Sector Reform Plan
...neration capacity by 2014 and 5.0gw after 2015, which is required to keep pace with the economic development of Lebanon. The plan envisages an investment of $4.87bn to raise capacity to 4.0gw. The Government of Lebanon expects to invest up to $1.5bn, with $2.3bn coming from the private sector and the $1bn fr...
Volume: 53Issue: 26Published at Mon, 28 Jun 2010 -
KMG And CNPC To Build Intra-Kazakh Link To Central Asia Gas Pipeline
...be transferring some 5 bcm/year of gas to China by the end of the year. KMG President Kairgeldy Kabyldin said the Beyneu-Shymkent pipeline would have a capacity to deliver 15 bcm/y of gas. A first stage, to be completed by the start of 2014, would have capacity to deliver 10 bcm/y and would allow Ka...
Volume: 53Issue: 25Published at Mon, 21 Jun 2010 -
Final Agreement Signed For Iran-Pakistan Gas Pipeline
...a 1,900km gas pipeline to export up to 21mn cmd of South Pars gas to Pakistan beginning in 2014. Iranian Deputy Minister of Petroleum Javad Ouji told reporters at the contract signing ceremony that Iran will now build the remaining 300km of the Iranian section of the project, which will connect Ir...
Volume: 53Issue: 25Published at Mon, 21 Jun 2010 -
GDF Suez Signs Finance, Power Agreement For Riyadh IPP
...P is one of three IPPs in the kingdom designed to add 5.2gw to the domestic grid by 2015. The first project was the Rabigh IPP (MEES, 17 August 2009). The 1.8gw heavy fuel oil-fired Qurayyah project is the next on the slate for development, with planned startup in April 2014. Advisers on the east co...
Volume: 53Issue: 25Published at Mon, 21 Jun 2010 -
Socar-Turcas Venture Gets Permit For $4Bn Refinery/Petchem Plant In Izmir Aliaga
...rope. It will also generate electric power. The plant is scheduled to come into operation in 2014....
Volume: 53Issue: 25Published at Mon, 21 Jun 2010