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Turkmenistan Signs 30 BCM/Y Trans-Afghan Deals
...rm gas needs, which would grow from 166.2mn cmd today to 473mn cmd in 2017-18, when TAPI is intended to be commissioned. Indian energy analysts have estimated that the cost of Turkmen gas may be $4-5/mn BTU, which would be less expensive than Gulf LNG imports. A former senior Indian energy ex...
Volume: 55Issue: 22Published at Mon, 28 May 2012 -
Tunisia: Oil Production Slump Exacerbates Budget Shortfall
...g (for Tunisia) new fields are on the horizon, but none of these appear large enough to compensate for decline. In addition to Zarat, which could produce “tens of thousands of boe/d by 2017-18,” PA Resources has a further significant discovery, Elyssa on the southern limit of the Zarat permit. Fi...
Volume: 55Issue: 21Published at Mon, 21 May 2012 -
Baghdad Kicks Off Production Target Talks
...favor of a major plateau reduction. Firstly, it has become increasingly clear that building the contracted 10mn b/d plus of new capacity, and more importantly the associated transportation and water injection infrastructure required by 2017, as stipulated in Iraq’s service contracts, is simply not vi...
Volume: 55Issue: 20Published at Mon, 14 May 2012 -
Qatar To Invest Heavily In Crude Boost
...oduction sharing agreement (PSA), which expires in 2017. Doha, however, told Maersk to hold back on boosting capacity while it studied the reservoir to understand where it should plateau output to extend the field’s life. The reservoir has suffered from a pressure drop and sea water entering the reservoir, wh...
Volume: 55Issue: 20Published at Mon, 14 May 2012 -
Iraq Launches Exploration Round
...so of new capacity by 2017 is going to be a massive task. Expense apart, there is not likely to be the demand for such a huge expansion. Iraqi Deputy Prime Minister for Energy Affairs Husain al-Shahristani recently acknowledged that Iraq needs to sit down with its foreign partners and discuss a mo...
Volume: 54Issue: 18Published at Mon, 02 May 2011 -
Abu Dhabi Capacity Expansion Schedule Slips By A Year
...shore, ADNOC’s Abu Dhabi Company for Onshore Oil Development (ADCO) is set to reach 1.8mn b/d production capacity by 2017 – back one year from the latest target – MEES understands. Developing Asab, Sahil and Shah fields will increase capacity by 60,000 b/d to 455,000 b/d when they are commissioned in th...
Volume: 54Issue: 18Published at Mon, 02 May 2011 -
Salman: Iraqi Upstream, Oil Market And Gas Market Issues
...aq to go ahead. Yes, we need IOCs to assist with the maintenance and increasing capacity. But is it necessary to do it on this large scale, to increase capacity to around 12mn b/d by 2017 as it is announced? Do you need to go to this high level of capacity, when you are not going to use it im...
Volume: 53Issue: 22Published at Mon, 31 May 2010 -
BP And BG Ready To Declare Commerciality On Critical Omani Gas Projects
...lti tcf”. Initial estimates when the project was launched put gas in place at 17 tcf. BP may not hit full production from its Oman developments until 2017. It is tackling four reservoirs with varying amounts of liquids and acidity, which has delayed the construction of the central gas processing pl...
Volume: 53Issue: 21Published at Mon, 24 May 2010 -
CIS Development Hinges On Security And Cooperation
...ndensate. The field is to be developed in three phases, with total production reaching 71 bcm/year. Gazprom holds 51% of the project, while Total holds 25% and Norway’s Statoil, 24%. Phase 1 of the project, expected to start-up in 2017, will have capacity to produce up to 7.5mn tons/year of LNG. Asked if th...
Volume: 53Issue: 21Published at Mon, 24 May 2010 -
Arab States Pushing Ahead With Nuclear Energy Plans
...ans Arab states are taking strides in the development of peaceful nuclear energy to cope with rapidly increasing domestic power demands. So far the UAE is leading the pack, with one 1.4gw nuclear power plant scheduled for completion in 2017 and three others to follow by 2020, by which time authorities ex...
Volume: 53Issue: 18Published at Mon, 03 May 2010