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Iraqi Petchem Prospects Hinge On Refinery Integration
...-50bn over the period 2017-23 in building total petrochemicals capacity of 10mn tons/year. “Of course Saudi Arabia and Qatar and others are already producing petrochemicals,” he said. “Those in charge in Baghdad have to consider this and what is happening in refining and the potential for integration. Ne...
Volume: 56Issue: 22Published at Fri, 31 May 2013 -
UAE Starts Second Barakah Plant As MENA Nuclear Pursuit Accelerates
...stalled the base section of the containment liner for the reactor at Barakah-1. Further liner sections will be fabricated and installed this year. ENEC said Kepco is on track to start up Barakah-1 in 2017 (MEES, 29 March). Iran’s DIY Approach While UAE’s nuclear development gathers momentum, Ir...
Volume: 56Issue: 22Published at Fri, 31 May 2013 -
Kish Gas Startup Claims Half-Baked
...urce tells MEES. “It is not yet clear when gas will be produced, but I imagine it may need at least another four to five years. At the earliest, gas will come [onstream] around 2017-18.” These sentiments were echoed by Siamak Adibi, head of Facts Global Energy’s Middle East Gas team, who hi...
Volume: 56Issue: 21Published at Fri, 24 May 2013 -
OPEC Capacity Growth To Remain Muted Through 2018
...stream over the coming five-year period. OPEC sustainable Crude Production Capacity Estimates (Mn B/D) 2012 2013 2014 2015 2016 2017 2018 2012-18 Al...
Volume: 56Issue: 21Published at Fri, 24 May 2013 -
Turkey Joins MENA Capacity Surge As Socar Awards STAR Refinery Contract
...nstruction work was 97% complete and that the 400,000 b/d plant would be fully operational toward the end of 2013. Although the International Energy Agency (IEA) recently said that the 400,000 b/d Yanbu’ Aramco Sinopec Refining Company (Yasref) is now scheduled for 2017-18 (MEES, 17 May), Saudi Aramco ma...
Volume: 56Issue: 21Published at Fri, 24 May 2013 -
Oman Plans For Power Demand Growth
...e or more new plants in 2017-18 with aggregate capacity of 2.25-3gw. “The capacity requirement,” says OPWP, “will depend partly on the strategy adopted for expiring contracts.” In Salalah, the 276mw Raysut plant is scheduled for privatization in 2014 and the 300-400mw Salalah 2 independent power pr...
Volume: 56Issue: 21Published at Fri, 24 May 2013 -
Qatar Forms $1Bn Power Fund, Buys Congo Stake
...oject with a 53.5% stake – Moho North is expected to come online in 2015 and ramp up to 140,000 b/d by 2017. Based on recent production numbers, QPI’s working interest in Total E&P Congo’s production will be about 16,000 b/d of crude and just under 5mn cfd of gas. Total operates 9 licenses in th...
Volume: 56Issue: 21Published at Fri, 24 May 2013 -
IEA: US Shale To Sideline OPEC Going Forward
...rgely unchanged from the previous MTOMR, with the 2017 estimate trimmed by just 95,000 b/d on account of marginally lower than expected 2013 demand and slightly weaker expectations of economic growth. Demand growth is projected to average 1.1mn b/d per year over the coming five years for a total in...
Volume: 56Issue: 20Published at Fri, 17 May 2013 -
IEA Sees Middle East Refiners Adding 2.5Mn B/D Of Capacity In 2013-18
...ant at Yanbu’, originally slated for 2014 completion, is now “scheduled for 2017-18.” Elsewhere, the region’s largest capacity addition will be in the UAE, where a new 420,000 b/d refinery at Ruwais is due online in 2015. “This high-conversion project,” says the report, “will process heavy re...
Volume: 56Issue: 20Published at Fri, 17 May 2013 -
Jordan Testing Interest In Waste-To-Energy Projects
...ES, 11 January). Six companies have recently submitted bids to build a 500mw oil shale power plant, with construction to begin in 2014 for start-up by 2017. The Kuwait Fund for Arab Economic Development (KFAED) is providing $150mn funding for a 65mw wind farm in Ma’an governorate (MEES, 10 May), wh...
Volume: 56Issue: 20Published at Fri, 17 May 2013 -
QP’s Strategy As US Tilts To LNG Exports
...at the US will be exporting 40mn t/y to 60 mn t/y by around 2020. Qatar also faces challenges from Australia, which is expected to produce 86mn t/y by 2020 – allowing for slippage on the 61.8mn t/y under construction due onstream by 2017. After 2020, up to 80mn t/y of East African LNG could also st...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Gulf Petrochemicals Firms Expanding Capacity Despite US Shale Threat
...hylene capacity rising by 3.7% a year in the medium term, to 183.4mn tons/year in 2017 from 147.6mn t/y in 2011 (MEES, 2 November 2012). Despite the shifting market economics, Gulf petrochemicals companies are pressing ahead with expansions. Gulf Petrochemicals and Chemicals Association (GPCA) Se...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Oman Reviewing Electricity Policy, Targeting Efficiency
...expected to see tenders for a total 2.0-2.5gw of IPP capacity being launched by next year, with a view to start-up in 2017-18. ...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Turkey Awards $22Bn Contract For Sinop Nuclear Plants
...it due to begin operating in 2010. Rosatom is expected to begin construction work for Akkuyu-1 in mid-2015, while civil works on Sinop-1 are slated to start in 2017 (MEES, 26 April). The Sinop contract was signed in Ankara by Turkish Prime Minister Recep Tayyip Erdogan and his Ja...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Cairo Scrambles To Avert Gas Catastrophe
...veral rounds of shuttle diplomacy to enlist Qatari assistance. Rather than, as has been widely reported, Qatari LNG being imported into Egypt, the latest talks are aimed at getting Doha to cover the term contracts for shut-in ELNG output, MEES understands. In 2017-18, rising output from BG fi...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
SEC Awards PP13/14 Management Contract To WorleyParsons
...cle gas turbine (CCGT) power plants. The plants will each have 1.65gw generating capacity. Engineering, procurement and construction (EPC) contracts for PP13 and PP14 are expected to be tendered in 2014, with a view to start-up in 2017. WorleyParsons said the EPCM scope of work in...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
Riyadh Sees Limited Demand Growth For Its Crude
...ich started up last month, is now running around 200,000 b/d, Mr Naimi said. “I think they will reach 500,000 by June or July,” he added. Manifa will reach 900,000 b/d by mid-2014. And by 2017, state-owned Saudi Aramco should add 550,000 b/d at its already producing Khurais and Shaybah fields (MEES, 15...
Volume: 56Issue: 18Published at Fri, 03 May 2013