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Abu Dhabi To Import 1.2Bn CFD Of LNG, Shah Gas Field Slips
...UAE Abu Dhabi To Import 1.2Bn CFD Of LNG, Shah Gas Field Slips Abu Dhabi’s decision to start importing LNG in 2014-15 will put it into competition with Kuwait and Bahrain for floating regasification and storage units (FRSUs), whose market is tight. Positioning the terminal in Fu...
Volume: 55Issue: 13Published at Mon, 26 Mar 2012 -
Korean Group Wins Abu Dhabi Oil Deal As ADCO Concession Nears Expiry
...ports. The concession for the ADCO consortium – ADNOC (60%), Shell, Total, BP and ExxonMobil (9.5% each) and Portugal’s Partex (2%) – will expire in January 2014. An international oil company (IOC) official, whose firm plans to compete when the ADCO concession ends, tells MEES about the Korean deal: “I su...
Volume: 55Issue: 11Published at Mon, 12 Mar 2012 -
Kuwait’s Jurassic Gas Project Hits More Problems
...oduce 50-60mn cfd of associated gas. Onshore, a project in Wafra field will collect 100mn cfd of associated gas by 2014 to use for in-field power generation. KNPC and KOC have programs to reduce flaring, but do not publish figures. KOC is relying on exploration to find 1bn cfd of non-as...
Volume: 55Issue: 10Published at Mon, 05 Mar 2012 -
KRG Oil Sector Pushes Ahead Amid Challenging Times
...rgeted crude production will rise to 3.3mn b/d next year from 2.75mn b/d in 2011. Baghdad is eyeing output of 4.5mn b/d in 2013 and 6.5mn b/d in 2014. The projections are considerably more than those forecast by independent analysts, which see capacity expansion schedules severely cramped by export in...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Europe Must Compete With Asia To Secure LNG, Qatargas Chief Warns
...ntinues with the North Field moratorium after it completes its studies in 2014 into its depletion rate. Shell has signed a preliminary deal with Qatar to build a 1.5mn t/y monoethylene glycol plant, and is in talks to secure ethane from Pearl for the project instead of just contributing it to state-ow...
Volume: 54Issue: 13Published at Mon, 28 Mar 2011 -
Saudi Aramco And Sinopec Announce Refinery Partnership
...nbu' refinery is expected to cost just shy of $10bn and is designed to run heavy oil from Manifa. Scheduled to come on stream in late 2014, Yanbu' will produce 263,000 b/d of ultra-low sulfur diesel, 90,000 b/d of gasoline, 6,300 tons/day of petroleum coke and 1,200 t/d of sulfur. “This agreement fu...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011 -
Greece And Italy Promote ITGI Gas Pipeline As Best Start To Southern Corridor
...r Bulgaria by 2013 and Italy by 2014-15. The IGB is a small project and easily fits the purposes of Greece, Italy and Bulgaria.” Mr Paleoyannis said a DEPA delegation recently visited Azerbaijan to discuss the possibility of receiving gas from that country’s state-owned oil and gas company Socar....
Volume: 53Issue: 12Published at Mon, 22 Mar 2010 -
Gulf Refinery Construction Costs Slide
...nuary) although given the big shift in the EPC market and possible changes in the project’s scope, it would be premature to pin down a figure, said Mr 'Ajmi. The CFP plans envisage commissioning in 2014, and will allow Kuwait to meet strict European sulfur standards for diesel and gasoline through to 20...
Volume: 52Issue: 13Published at Mon, 30 Mar 2009 -
Oman Sidesteps Gas Crunch As Liquids Output Rises
...cure until 2013. But economic slowdown and greater efficiency in gas usage, with savings estimated at 7-10%, has given the country some breathing space. “I would say that we have at least until 2014-15 before we have a problem,” says a ministry source. The expiry at the end of this year of BP’s co...
Volume: 52Issue: 13Published at Mon, 30 Mar 2009 -
Saudi Aramco Looks To Gulf Offshore For Gas Boost
...oved disappointing, and with associated gas output likely to be capped by OPEC production restraints for some time, the company has sought a remedy. Details on the projects are sketchy, but they are included in Saudi Aramco’s latest five-year plan to 2014 and will provide around 1.8bn cfd, MEES un...
Volume: 52Issue: 10Published at Mon, 09 Mar 2009 -
Algeria Pursues Gas Export Plans Ahead Of Production Hike
..., as part of its expansion and diversification strategy. As well as agreeing to supply 2bn cu ms/y to StatoilHydro for 15 years, Sonatrach has also booked 1bn cu ms/y of capacity at the terminal for itself, from 2009 to 2014. The company’s positions on the east side of the Atlantic centre on its pa...
Volume: 51Issue: 10Published at Mon, 10 Mar 2008