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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 -
Third Turbine At Marib Power Plant Begins Operation
...owing local power demand. Marib-1 is the first of two gas-fired independent power plants (IPPs) expected to come on line at Marib by 2017, with Marib-2 expected to have a capacity of 400mw when it is completed. Eight other gas-fired power plants are also scheduled for completion by then, each with a to...
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 -
Jordan Signs Oil Shale Agreement With Eesti Energia
...able, Enefit would have access to the shale oil for a period of 40 years, extendable by another 10 years. The agreement covers the production of 38,000 b/d of shale oil and the generation of up to 900mw of electricity from a shale oil fired plant. First power is projected for 2016 and first oil for 2017...
Volume: 53Issue: 20Published at Mon, 17 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 -
Dragon Arranges Short-Term Crude Swap With Iran, Seeks Longer Arrangement
...pply agreement signed earlier this month between Ukraine and Russia (MEES, 26 April). The current lease expires in 2017 and the new lease, supported by 236 members out of 450 total, moves this to 2042. Members of the Ukrainian parliament opposed to the agreement threw eggs and smoke bombs in the ch...
Volume: 53Issue: 18Published at Mon, 03 May 2010