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  1. Sonatrach Shortlists Firms For Tiaret And Algiers Refinery Projects

    ...ing on-stream in 2011, but which now looks unlikely to be completed before 2014 at the earliest. Sonatrach’s head of downstream 'Abd al-Hafid Feghouli told MEES in November last year that the company expected to see the project’s total costs reduced from $6bn to $5bn, due to the fall in co...

    Volume: 52
    Issue: 43
    Published at Mon, 26 Oct 2009

  2. GCC Refining Capacity Will Continue To Increase In The Medium Term, Says Moody’s

    ...rtially mitigated by the fact that many of these projects are likely to become operational after 2014, which is when, according to IEA forecasts, oil demand will have returned to 2008 levels. GCC Expected Additional Refining Capacity By 2015 Source: Moody’s estimates, BP, OPEC. Stable Outlook Fo...

    Volume: 52
    Issue: 43
    Published at Mon, 26 Oct 2009

  3. IHS CERA Says OECD Oil Demand Has Peaked

    ...w we are seeing the tempering of the last significant driver of oil demand in developed countries – petroleum for transportation.” Emerging markets will drive future world oil demand, according to IHS CERA. It forecasts that oil demand will increase from 83.8mn b/d in 2009 to 89.1mn b/d in 2014...

    Volume: 52
    Issue: 42
    Published at Mon, 19 Oct 2009

  4. Laffan Condensate Refinery Starts Operations

    ...e plant foundation stone was laid in April 2006 (MEES, 24 April 2006). The refinery, which cost around $800mn to construct, was originally scheduled for start-up in the fourth quarter of 2008, but before it was even finished Qatar has said it planned to double its capacity by 2014 (MEES, 10 Se...

    Volume: 52
    Issue: 40
    Published at Mon, 05 Oct 2009

  5. Kasaizadeh Targets Implementation Of LNG Projects By End-2014

    ...anian Gas Exports, in Tehran on 5 October, that the company now expected that all three of its major LNG export projects will be implemented by the end of 2014. He said that that the first plan to materialize would be the Iran LNG project, due on-stream in 2012, which is being financed exclusively by...

    Volume: 51
    Issue: 41
    Published at Mon, 13 Oct 2008

  6. FACTS Says High Crude Prices Here To Stay

    ...expect it to rise again to $15-21/B through 2014 before dropping to around $17/B by 2020. Clearly, the wide differentials will result in higher refining margins. Many refineries will want to upgrade, but for both economic and technical reasons only a few will succeed.” Dr Lim predicts that Ch...

    Volume: 48
    Issue: 43
    Published at Mon, 24 Oct 2005

  7. CPC Partners Want Russia To Approve Pipeline Expansion

    ...iginal target date of 2014 (MEES, 18 October 2004, 17 January). During the last 18 months the CPC pipeline has pumped an average of 530,000 b/d. During the course of its operation since October 2001, it has earned for Russia $650mn in taxes and fees. However, before the Russian government will agree to...

    Volume: 48
    Issue: 42
    Published at Mon, 17 Oct 2005

  8. Petrofac Wins Hasdrubal FEED Contract From BG Tunisia

    ...a a newly constructed pipeline. The facilities will also produce separate liquid propane and butane products. BG Tunisia plans to invest $600mn in developing the offshore Hasdrubal field and a further $400mn to extend the production plateau of its Miskar operations to 2014....

    Volume: 48
    Issue: 41
    Published at Mon, 10 Oct 2005

  9. CPC Says Capacity Expansion Complete By 2008

    ...zakh city of Almaty on 7 October during the annual KIOGE oil and gas conference. CPC General Director Ian MacDonald told the gathering that originally the pipeline had been planned to be completed in 2014, but that “volume forecasts for the next five years require individual expansion stages to be co...

    Volume: 47
    Issue: 42
    Published at Mon, 18 Oct 2004