1. 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: 53
    Issue: 22
    Published at Mon, 31 May 2010
  2. 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: 53
    Issue: 20
    Published at Mon, 17 May 2010
  3. 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: 53
    Issue: 20
    Published at Mon, 17 May 2010
  4. 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: 53
    Issue: 19
    Published at Mon, 10 May 2010
  5. 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: 53
    Issue: 19
    Published at Mon, 10 May 2010
  6. 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: 53
    Issue: 19
    Published at Mon, 10 May 2010
  7. 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: 53
    Issue: 18
    Published at Mon, 03 May 2010
  8. 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: 53
    Issue: 18
    Published at Mon, 03 May 2010
  9. 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: 53
    Issue: 18
    Published at Mon, 03 May 2010
  10. 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: 53
    Issue: 18
    Published at Mon, 03 May 2010
  11. 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: 53
    Issue: 18
    Published at Mon, 03 May 2010