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Iraq’s Upstream Oil Contracts, 2011 And Beyond
...atures 143bn barrels of proven oil reserves (plus an estimated 30bn barrels in Iraq’s Kurdistan region), a four-year oil production plan targeting 6.5mn b/d by the end of 2014, and a contracted daily capacity expansion plan of more than 12mn b/d by the year 2017. Figure 1: Geographic Di...
Volume: 54Issue: 22Published at Mon, 30 May 2011 -
Nabucco Announces Further One-Year Delay, Construction Now To Start In 2013
...s expected in the second half of 2011, for at least one year. He said that construction of the pipeline could start in 2013 with the aim of transporting its first gas volumes in 2017. Yet this may not be the last postponement for the project since Mr Mitschek observed that “the ‘open season’ pr...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
OPWP Projects Oman Power Demand Will Near 3.5GW By 2017
...Middle East Economic Survey VOL. LIV No 20 16-May-2011 oman OPWP Projects Oman Power Demand Will Near 3.5GW By 2017 Average demand for electricity in Oman is projected to increase from 1.924gw in 2011 to 3.464gw by 2017, an average growth rate of about 9% per year, according to...
Volume: 54Issue: 20Published at Mon, 16 May 2011 -
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