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QNB Optimistic LNG Market Will Continue To Favor Qatar
...16 US Sabine Pass Train 4 4.5 Cheniere 2017 Australia Wheatstone LNG Train 2 4.5 Chevron, Kufpec, others 2017...
Volume: 57Issue: 26Published at Fri, 27 Jun 2014 -
Mideast Refining Capacity Boost Underscores Growing ‘Hub’ Role- IEA
...minent deadline will be hit. Mideast Cdu Capacity (Mn B/D) Middle East Crude Distillation Capacity, Oil Products Demand 2013-19 (Mn B/D) 2013 2014 2015 2016 2017...
Volume: 57Issue: 26Published at Fri, 27 Jun 2014 -
UN: How GCC Petchems Players Can Combat Shale Revolution
...s Laffan, Qatar 2017 6.4 Chemaweyaat ADIC (40), IPIC (40), ADNOC (20) Al-Gharbia, UAE 2018 11.0-20.0 Al-Se...
Volume: 57Issue: 26Published at Fri, 27 Jun 2014 -
Algeria Heading For Oil Output Drop
...velopment plan for the Ahnet tight gas project projected a 2015 start up, but first gas is now more feasible in 2017. The Timimoun project was originally intended to come online in 2010, it is now slated for completion in 2017. Together, the projects that are currently in the pipeline will add 20 bcm/ye...
Volume: 57Issue: 26Published at Fri, 27 Jun 2014 -
Major Declines Ahead For Kuwait Oil Production, Says IEA
...line with its effective capacity; indeed, Saudi Arabia is the only producer with significant excess capacity, leaving global markets potentially vulnerable to an output shock. The only increment that the IEA foresees in the forecast period is 60,000 b/d in 2017 from the Ratga heavy oil project in...
Volume: 57Issue: 25Published at Fri, 20 Jun 2014 -
Oman Seeks 2.6GW Capacity For MIS Grid
...rms under independent power producer (IPP) agreements. The deadline for RFQ submissions is 3 August. OPWP says that, out of the 2.6GW of capacity sought, 740MW is to be operational for summer 2017 and the remaining 1.86GW for summer 2018. OPWP’s current seven-year plan says that “following an ex...
Volume: 57Issue: 25Published at Fri, 20 Jun 2014 -
Gas Shortage Leaves Iranian Petchem Plants Idle
...trochemical plants linked by Iran’s under-construction 2.5mn t/y West Ethylene Pipeline (MEES, 16 May). But, with additional gas from South Pars only likely to come onstream in late 2017 at the earliest (MEES, 6 June), the gas shortage for Iran’s petrochemicals sector and resultant overcapacity will get worse be...
Volume: 57Issue: 24Published at Fri, 13 Jun 2014 -
IEA: Middle East Gas Output Set For Strong Growth But Outpaced By Demand
...m) chg '13-'19 2000 2010 2013 2015 2017 2019 BCM % Middle East* De...
Volume: 57Issue: 24Published at Fri, 13 Jun 2014 -
Delek’s Leviathan Development Fund Raising Gathers Pace
...rtners are looking to double Tamar’s gas output capacity to 20-22 bcm/year (around 2bn cfd) by building a third delivery pipeline by 2017. Current capacity is 1bn cfd, with output averaging 750mn cfd (MEES, 16 May). At Leviathan, Noble, Delek and partner Ratio Oil (15%) are looking to finalize a de...
Volume: 57Issue: 24Published at Fri, 13 Jun 2014 -
Saudi Arabia Ponders Creation Of ‘National Reserve Fund’
...e end of 2017 – a sum that would in theory catapult the fund into second place on a ranking of the world’s top SWFs (see table). Dr Mariq says the aim of establishing the fund, also known as the “National Reserve Fund” is to accumulate financial surpluses and invest them to realize maximum returns. Th...
Volume: 57Issue: 24Published at Fri, 13 Jun 2014 -
Iraq’s Southern Exports Hit Record 2.6mn b/d But North Still Out
...velop the field in December 2009 under a 20-year technical services contract for a remuneration fee of $5.5/B. Gazprom Neft has estimated the investment required to take the field to its target plateau of 170,000 b/d by 2017 at $2bn. Iran, which has made development of shared fields with Iraq a top pr...
Volume: 57Issue: 23Published at Fri, 06 Jun 2014