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Nabucco Partners Turn To Kurdistan Region For Gas Supply; Baghdad Says No
...peline by 2014 ‒ a boost to the beleaguered Nabucco project that has been backed by the EU to obtain another source of much-needed gas. Pearl Petroleum is jointly owned by Sharjah-based partners Dana Gas and Crescent Petroleum. In April 2007 these signed long-term agreements with the KRG covering th...
Volume: 52Issue: 21Published at Mon, 25 May 2009 -
NOC Hints At 700,000 B/D Reduction In Output Target
...existing oil fields, and to that end NOC has signed a rash of development agreements with its partners since October 2007. But many of the field development plans are not likely to be completed until 2014 at the earliest (MEES, 17 November)....
Volume: 52Issue: 21Published at Mon, 25 May 2009 -
Masdar To Invest In London Array Wind Farm After UK Agrees Subsidy
...chnology as we move toward a low carbon future.” The British government allocated £525mn in the 2009 budget for offshore wind subsidies between 2011 and 2014, much of them for the London Array project. Alastair Darling, Chancellor of the Exchequer, announced last month that a further £4bn in subsidies co...
Volume: 52Issue: 20Published at Mon, 18 May 2009 -
Bulgaria And Qatar Holds Further LNG Talks, As Poland Signs Deal With Qatargas
...NiG and Qatargas of a 20-year framework agreement for the supply of 1mn tons/year of LNG beginning in 2014. The shipments, to be delivered by Qatar’s Q-Flex LNG carriers to a deepwater terminal under construction at Swinoujscie, will provide some 1.4 bcm/year of gas, or roughly 6% of Poland’s fo...
Volume: 52Issue: 19Published at Mon, 11 May 2009 -
ADNOC Probes Options For Oil Concession Renewal
...tal (9.5% each); and Partex (2%). The concession expires in January 2014. ADMA for the offshore sector comprises: ADNOC (60%); BP (14.67%); Total (13.33%); and Japan Oil Development Company (Jodco – 12%). This concession ends in 2018. The presence and participation of the majors have provided te...
Volume: 52Issue: 18Published at Mon, 04 May 2009 -
Aramco, KPC Take $30Bn Downstream Investment Plunge
...vestment in new refineries down to 2014. Kuwait’s downstream arm KNPC on 11 May announced the award of construction contracts for al-Zour, which will become Kuwait’s fourth and the region’s largest refinery when completed in 2012-13. The contracts were awarded on a cost reimbursable basis, but KNPC ve...
Volume: 51Issue: 20Published at Mon, 19 May 2008 -
Lebanon Completes $882mn Eurobond Exchange
...Middle East Economic Survey VOL. LI No 18 5-May-2008 Lebanon Lebanon Completes $882mn Eurobond Exchange The Lebanese government announced on 30 April that it had successfully completed a voluntary offer to swap dollar government bonds maturing in 2008 for new ones maturing in 2014...
Volume: 51Issue: 18Published at Mon, 05 May 2008 -
Qatar And Iran Outline GTL Plans At London Conference
...r 2014 was 731,000 b/d of GTL products plus base oils. The plants would be sited at Ras Laffan, where there would be synergy from shared utilities. QP was said to be close to completing negotiations with an international company to build a central oxygen plant at the complex. Other synergies wo...
Volume: 47Issue: 21Published at Mon, 24 May 2004 -
Existing Caspian Discoveries Could Produce 2.8-3.8Mn B/D By 2015, Says Wood Mackenzie
...to consideration, the overall Caspian profile has a risked peak production of 2.8mn b/d in 2014 compared with 4mn b/d in the unrisked case. “The significant difference between the unrisked and risk profiles represents the loss due to exploration failure or delays as a result of technical or market-re...
Volume: 45Issue: 19Published at Mon, 13 May 2002 -
RasGas On Track To Begin First LNG Exports In May 1999
...rgoes from Indonesia in 1998. It has agreed to make up two of these cargoes in 1999 and two in 2000 while the remaining four cargoes are to be lifted in 2014. In addition to the eight cargoes which have been deferred under existing downward flexibility provisions, KOGAS and Pertamina have ne...
Volume: 41Issue: 18Published at Mon, 04 May 1998 -
Basic Questions About Oil
...r "youngers and betters" (as Paul Frankel used to call those over 40 today) are scornful of the argument that the political framework within which oil is sold might change as profoundly from 1994 to 2014 as it did from 1974 to 1994. Second, oil has been caught up in the financial revolution that fi...
Volume: 37Issue: 31Published at Mon, 02 May 1994