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Deadline Set For Competing Gas Corridor Projects, Nabucco Plans Extension
...ah Deniz consortium to take its final investment decision in 2013 so as to be able to ship the early gas volumes to Europe by mid to late 2017. The BP move coincided with an announcement by Socar’s President Rovnag Abdullayev that the final purchase and transit agreement between Azerbaijan’s So...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Wintershall To Join South Stream, Slovenia Signs JV Agreement
...rrent 0.5 bcm/y. The current contract expires in 2017. On 21 March, Russia’s Prime Minister Vladimir Putin told reporters that Russia would be providing the Turkish authorities with additional information to help precipitate the granting of a permit for detailed route planning of the offshore co...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Turkey Looks To Investment And Exploration, Mulls Southern Corridor Options
...ans-Adriatic Pipeline (TAP) – were all present at one session of the conference, during which they pointed out the benefits of their respective projects. All three projects are competing for the gas that will be produced by Azerbaijan’s Shah Deniz Stage 2 project, expected to come on-stream in 2017...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011 -
Socar Extends Shah Deniz Concession By Five Years
...niz 2 was originally expected to start production by 2013-14, a target that has been pushed back so far to 2017-20. The extension of the contract is also seen as an indication that the Azeris are approaching their decision time on the winner of the tender for the 10 bcm/y of gas from Shah Deniz 2 to be...
Volume: 54Issue: 10Published at Mon, 07 Mar 2011 -
Solar Cell Plant To Be Built In Jubail
...er 12,000 t/y by 2017. Polysilicon Technology’s Executive Director and CEO Ibrahim al-Humaidan said that that there is a genuine trend to shift to renewable sources of energy from oil and gas in the production of electricity, and that solar energy would be one of the options open for Saudi Arabia to...
Volume: 54Issue: 10Published at Mon, 07 Mar 2011 -
ADCO Awards $560Mn Contract For Qusahwira Development
...the expansion are projected for completion by 2017. NPCC will oversee the development of production facilities including central and remote degassing stations, oil producing, water and gas injection wells, and around 350km of pipelines over an estimated period of 33 months. The three-phase ex...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
Libya’s Hydrocarbon Revenue Projected At $40Bn In 2010 Budget
...tract foreign direct investment to its retail, construction and financial sectors. Current plans for the oil industry are to boost production capacity to 3mn b/d by 2017, according to Chairman of the National Oil Corporation (NOC) and de facto oil minister Shukri Ghanem (MEES, 14 December 2009). Main Bu...
Volume: 53Issue: 10Published at Mon, 08 Mar 2010 -
Shuweihat S3 To Send Out RFP To Developers
...ading. The UAE’s power supply plan includes, from 2017, some large nuclear units, so ADWEA’s projects need to be coordinated with this alternative energy. However, while nuclear power supply is anticipated (see below), ADWEA will still need to continue to implement its own traditional projects. On the S3 pr...
Volume: 53Issue: 10Published at Mon, 08 Mar 2010 -
UAE To Commission First Nuclear Power Plant By 2017
...Middle East Economic Survey VOL. LIII No 10 8-March-2010 UAE UAE To Commission First Nuclear Power Plant By 2017 The UAE will commission its first nuclear power plant by 2017, the country’s Minister of Energy Muhammad al-Hamili said on 2 March. Speaking at a conference in Abu Dh...
Volume: 53Issue: 10Published at Mon, 08 Mar 2010 -
Companies Mobilize In Iraq As Critical Elections Loom
...lti-million barrels a day oil capacity expansion to 2017. On 7 March Iraqis go to the polls for nationwide parliamentary elections, but post-election negotiations are likely to mean that a new government will not be in place until mid-June or even later. While there has been opposition to the oil co...
Volume: 53Issue: 09Published at Mon, 01 Mar 2010 -
Debt Swap In Eurobonds Sustained Lebanon’s Sovereign Rating, Moody’s Reports
...tings, said Moody’s Investors Service on 16 March. The exchange, which had a total face value of $2.3bn for longer-dated foreign currency bonds set to mature in 2012 and 2017, is not classified as a ‘distressed exchange’ by the rating agency. Moody’s changed the outlook on Lebanon’s low B3 sovereign ra...
Volume: 52Issue: 12Published at Mon, 23 Mar 2009 -
The Economic Costs Of A War In Iraq
...e first year, despite the size of the deficit increase in that year being the same. Expectations of future deficits are important. The investment fall is also of a much longer duration. It is 2017 before investment is above baseline. The extra budget financing requirements means long term real in...
Volume: 46Issue: 13Published at Mon, 31 Mar 2003 -
EDF Signs $1.2Bn Contract For Two BOOT Power Plants
...the year 2007 and 27,500MW by the year 2017. Mr. Abaza said that the government will offer two power plants to the private sector during the course of 1999 at Sharm al-Shaikh and Toshka with a combined generating capacity of 1,300MW, and will offer two more next year in Safaga and Za'afarana wi...
Volume: 42Issue: 11Published at Mon, 15 Mar 1999