1. QP Launches $650Mn Eurobond

    ...osing on 26 May. The issue amount was $650mn with a maturity date of 30 May 2011. The coupon is 5.579% and the bond is priced at par, with a spread at 65bps over treasuries. The funds are to be used to refinance earlier, more expensive debt, and for general purposes. QP said earlier this year that it...

    Volume: 49
    Issue: 22
    Published at Mon, 29 May 2006
  2. Total, ConocoPhillips Sign Up For JV Export Refineries in Jubail And Yanbu'

    ...ocess Arabian Heavy crude and will produce high–quality refined products that meet current and future product specifications, Saudi Aramco said. The project is scheduled to start up in 2011. The MOU lays down the key parameters of the venture, the project configuration and a broad range of the major te...

    Volume: 49
    Issue: 22
    Published at Mon, 29 May 2006
  3. Paris Club Accepts Algeria’s Offer To Prepay $8Bn Debt

    ...rway, Spain, Sweden, Switzerland, the UK and the US. The debt owed to Paris Club creditors and eligible to the prepayment operations was, under the rescheduling agreements of 1994 and 1995, to be repaid between 30 November 2006 and 30 November 2011. Algeria’ offer reflects its strong financial re...

    Volume: 49
    Issue: 20
    Published at Mon, 15 May 2006
  4. S&P, Moody’s Assign Rating To Qatar Petroleum’s Eurobond

    ...Middle East Economic Survey VOL. XLIX No 20 15-May-2006 QATAR S&P, Moody’s Assign Rating To Qatar Petroleum’s Eurobond Standard & Poor’s (S&P) and Moody’s have assigned ratings for Qatar Petroleum’s (QP) eurobond issue, maturing in May 2011, which was in the process of being ma...

    Volume: 49
    Issue: 20
    Published at Mon, 15 May 2006
  5. Nama Plans $6Bn Jubail Private Export Refinery Venture

    ...ivate sector crude oil export refinery at Jubail with capacity of 400,000 b/d, at an estimated cost of $6bn. The facility would also produce petrochemicals. A Nama statement said the company was evaluating several potential joint venture partners. Start-up is projected for 2011. Earlier this year Na...

    Volume: 49
    Issue: 20
    Published at Mon, 15 May 2006
  6. Qatar To Focus On Optimizing Existing Projects After 2010

    ...ich is provisionally due for start-up in 2011. While cost is one of the more obvious hurdles for Qatar’s decision-makers, QP’s internal debate about the longer-term strategy for gas use is also beginning to make itself felt....

    Volume: 49
    Issue: 18
    Published at Mon, 01 May 2006