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Qatar Sees World Cup As Catalyst For $200Bn Development Outlay
...phasis would be on future container growth, with the new port handling clean cargoes only, leaving all industrial products to Ras Laffan and Mesaieed. It will be served by a 31km approach channel, and built in three phases with stage one due to open by November 2014 with a capacity of 2mn twenty foot eq...
Volume: 54Issue: 21Published at Mon, 23 May 2011 -
Energy Decisions Loom For Cyprus As Island Seeks To Make Best Of All Options
...d of the day we don’t wind up with nothing.” Pipeline Gas To Cyprus, The Law, And DEFA’s Future Role According to the plan put forward by Noble Energy, raw gas would arrive on the island by pipeline from Leviathan and Block 12 for processing at Vasiliko sometime in 2014 or after. Considering de...
Volume: 54Issue: 21Published at Mon, 23 May 2011 -
TAQA Announces Final Approval For Bergermeer Gas Storage Project
...e Bergermeer Gas Storage facility in the Netherlands – jointly developed with Russia’s Gazprom – have been signed by the Dutch authorities. Bergermeer gas storage is scheduled to start in 2013 with commercial operations beginning in 2014. Bergermeer will provide the Northwest European gas market wi...
Volume: 54Issue: 21Published at Mon, 23 May 2011 -
Saudi Arabia Poised For New Gas/NGL Prices
...abiyah fields due on stream in 2014 will cost over $5.50/mn BTU (MEES, 9 March 2009). “The Saudis won’t be able to get any significant new fields for less than $5/mn BTU and they are desperate for gas,” says an industry source. By July, the Saudi Aramco/Shell South Rubi' al-Khali (SRAK) gas ex...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
Abu Dhabi Considers Breaking Up Oil Concessions To Hit 3.5Mn B/D Target
...wards it will offer its partners, Nick Wilson writes from Abu Dhabi. Abu Dhabi has studied breaking up its onshore oil consortium (ADCO), when its concession comes up for renewal in January 2014, MEES learns. The plan would award the individual fields to its existing partners: ADNOC (60%), Shell, To...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
OPWP Projects Oman Power Demand Will Near 3.5GW By 2017
...ojects] in 2012, 2013 and 2014,” said the study. Two of these new IPPs – Sohar-2 and Barka-3 – are currently under construction and are scheduled to be commissioned on a phased basis in 2012 and 2013. Last October, the financing was oversubscribed, with eight international banks and two export credit ag...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
Cyprus Considers Interim Solution For Natural Gas Supply, Noble Energy Keen To Drill
...raeli and Cypriot gas – if gas in the Cyprus offshore should be discovered (MEES, 17 January). Representatives of Noble Energy met with Cypriot energy officials in early April and laid a plan on the table that could see deliveries of gas from Block 12 to the island by 2014. The first aim would be to co...
Volume: 54Issue: 19Published at Mon, 09 May 2011 -
Abu Dhabi Capacity Expansion Schedule Slips By A Year
...pacity of about 500,000 b/d, will not be known until the project, which will start up in 2014, is at full capacity in 2016. ADNOC has not published any expected boosts, but under optimum conditions of structures and depth, 20% increases have been achieved elsewhere. ADCO says CO2 could free up as mu...
Volume: 54Issue: 18Published at Mon, 02 May 2011 -
Abu Dhabi Studies Gulf’s Largest Wind Farm
...at would be biggest in the Gulf. If fast-tracked, Masdar would award a construction contract in January and the farm would begin sending power to the grid in 2014, MEES understands. The emirate’s goal is to achieve 7% of its power from renewables by 2020, but to date has invested little in wind en...
Volume: 54Issue: 18Published at Mon, 02 May 2011 -
Independents Growing In Importance For Gulf Oil And Gas Developments
...ip Iraqi gas to Europe through Turkey via the proposed 3,300km Nabucco pipeline by 2014. Dana’s willingness to enter a high-risk environment, however, can backfire – Iran refuses to supply 600mn cfd of gas to the UAE via a pipeline it built with Dana, as it wants a price higher than that agreed in 20...
Volume: 53Issue: 22Published at Mon, 31 May 2010 -
Abu Dhabi Going Solo To Develop Shah Ultra-Sour Gas
...Ls, which would offset the cost of handling H2S. However, Shah’s 50,000 b/d of condensate and 51,000 b/d of other NGLs will make it profitable. Meanwhile, the 1bn cfd integrated gas development (IGD) project start-up has been delayed by three years to 2014, due to contractor hold-ups. It will bring ga...
Volume: 53Issue: 20Published at Mon, 17 May 2010 -
QP Abandons Planned Al-Shaheen Refinery Project
...rubeni share the remaining 9%. Qatar’s condensate downstream expansion is predicated on absorbing rising condensate production, which will hit 750,000 b/d in 2014, when the ExxonMobil-led 1.5bn cfd Barzan project – the final portion in Qatar’s current upstream gas expansion – comes on stream (MEES, 14 De...
Volume: 53Issue: 20Published at Mon, 17 May 2010 -
RWE Expects Delay In Gas Supply Agreement With Turkmenistan
...niz Stage 2, BP has informed MEES that a final decision to sanction the project is expected to be made during the second quarter and that first gas is not scheduled to manifest until 2016. Nabucco is due to come into operation in 2014 (MEES, 3 May). BP heads the Shah Deniz consortium as well as the SC...
Volume: 53Issue: 19Published at Mon, 10 May 2010 -
Lukoil Renews Cooperation Agreement With Astrakhan Region
...d Surgutneftegas also use the 1,510km pipeline, the capacity of which is due to be expanded to 67mn tons/year (1.34mn b/d) in 2014 (MEES, 12 April). BP Azerbaijan on 6 May said crude oil production in the offshore Azer-Chirag-Guneshli (ACG) oilfields totaled 9.7mn tons during the first qu...
Volume: 53Issue: 19Published at Mon, 10 May 2010 -
Ma'aden Awards Contracts For Ras Al-Zour Aluminum Project
...gineering and infrastructure supervision services at the site. The smelter and rolling mill will be built during a first phase of development, with first production anticipated by 2013, while the mine and refinery are set to be completed by December 2014. Ma'aden and Alcoa and announced their joint venture ag...
Volume: 53Issue: 19Published at Mon, 10 May 2010 -
Surging Demand Threatens Middle East Exports
...ursaniyah (1bn cfd, 2010), Karan (1.8bn cfd, in stages during 2011-13) and the Wasit Gas Plant (2.5bn cfd, 2014), Mr Falih said. Sales gas capacity will increase from 7bn cfd to 9.3bn cfd by 2015. Ethane production capacity will rise from 800mn cfd to 1.2bn cfd, while NGL production capacity will grow from 93...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
Nabucco Launches Prequalification Process For Long Lead Items
...nsortium plans to make a final investment decision on the €7.9bn project during the fourth quarter of this year. Construction is scheduled to begin at the end of 2011 and first flow is due in 2014 with an initial throughput of 8-10 bcm/year. Full capacity of 31 bcm/y is expected to be reached in 2018. A st...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
Turkey And Azerbaijan Reach Agreement On Gas Purchase And Transit
...ansport 31 bcm/year of Caspian/Middle East gas to Europe, beginning in 2014. Also competing for Shah Deniz Stage 2 gas are the interconnector pipeline systems – Interconnector-Turkey-Greece-Italy (ITGI) and Interconnector-Greece-Bulgaria (IGB) and the Trans Adriatic Pipeline (TAP), which is also looking to...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
ERC Seeks Remaining Funding For Musturud Refinery
...grading is being implemented as a lump sum turnkey (LSTK) contract. Completion is planned for 2014. It had originally been scheduled for 2011, and costs were pegged at $2.25bn (MEES, 30 June 2008). But the project financing for the refinery was slowed down by the financial crisis, and underwent al...
Volume: 53Issue: 18Published at Mon, 03 May 2010 -
Al Bou Kamal Producing 1,000 B/D From South Kishma
...000 b/d of crude from the South Kishma oil field in Block 27, the Syrian official news agency SANA reported on 25 April. The company plans to raise production capacity to 5,000 b/d by 2014. Both the South Kishma-101 and South Kishma-2 wells are nearing completion, and a total of eight wells are scheduled fo...
Volume: 53Issue: 18Published at Mon, 03 May 2010