- Sort by:
- Score
- Published ▼
-
Armenia To Lose Russian Gas Subsidies
...e gradual harmonization in the prices paid by Armenia with what Gazprom charges its European clients. This should be achieved by 2011. Armenia will pay $154/1,000 cu ms for gas next year, 40% up from the current price, rising to $200/1,000 cu ms in 2010. Next year’s pricing will come into effect on...
Volume: 51Issue: 40Published at Mon, 06 Oct 2008 -
Sinopec To Take Over Canada’s Tanganyika Oil
...volved in a 100,000 b/d refinery project in Abu Khashab, northeast of Deir Ez-Zor, planned to start up in 2011. Given China’s rising demand for energy, Chinese companies are expected to press on with efforts to boost their oil investments in the oil producing areas of the Middle East. To go through, the Ta...
Volume: 51Issue: 40Published at Mon, 06 Oct 2008 -
Kuwait Oil Sector Leadership Changes Aimed At Achieving Greater Upstream Efficiency
...oduction target of 50,000 b/d by 2011, 250,000 b/d by 2015 and 700,000-900,000 b/d by 2020. Discussions on the details of the project are continuing, with the hope that a final agreement can be reached by July 2008, KOC’s director of northern oilfield operations Khalid al-Sumaiti told a conference in th...
Volume: 50Issue: 44Published at Mon, 29 Oct 2007 -
Egypt Refinery At The Center Of Citadel Capital’s Energy Expansion
...d the two recently financed petrochemical ventures (MEES, 24 September). Held by Citadel, its co-investors and government-owned oil producer, the Egyptian General Petroleum Corporation (EGPC) through newly created Egyptian Refining Company (ERC), the refinery will start up in 2011 producing 2....
Volume: 50Issue: 44Published at Mon, 29 Oct 2007 -
Rising EPC Costs Heighten Gas Supply Concerns
...cause of the contracting situation,” the chairman of Qatargas Faisal al-Suwaidi told MEES on the sidelines of the Paris conference. “We’re studying the reserves. But the result of that will not come before 2010 or 2011. What I mean by thinking twice relates to the high prices in the contractors ma...
Volume: 50Issue: 43Published at Mon, 22 Oct 2007 -
Peace Deal Under Threat As SPLM Withdraws From Sudan’s Coalition Government
...jected the ABC’s report as “final and binding” because of its demographic implications. Local elections are due to take place in 2009. These will directly influence the outcome of the referendum on unity, scheduled for 2011, and by extension, how much of the disputed Abyei region’s oil wealth may be...
Volume: 50Issue: 43Published at Mon, 22 Oct 2007 -
Iran Establishes High Council To Draw Up Development Plan
...d has asked First Vice-President Parviz Davudi to oversee its establishment. The president has said that the plan, which is to start in March 2011, should be ready in 2010 after it is approved by the Supreme Leader Ayatollah Ali Khamenei and ratified by the cabinet and parliament. Mr Ahmadinejad sa...
Volume: 50Issue: 42Published at Mon, 15 Oct 2007 -
Foster Wheeler Awarded FEED, Management For Mesaieed Petrochemical Complex
...its, is scheduled for completion in 2011. ABB Lummus will supply process technology, with Basel supplying polypropylene technology....
Volume: 50Issue: 42Published at Mon, 15 Oct 2007 -
StatoilHydro’s Debut Marred By Hydro’s Libyan Probe
...d Block 146-1, both in the Murzuk Basin. In a statement, StatoilHydro said further exploration and development were under way in each area, and that as new fields were readied for production, a substantial increase in output was expected towards 2011. In addition to Hydro’s Libyan upstream as...
Volume: 50Issue: 41Published at Mon, 08 Oct 2007 -
MOU Signed For Qatar-Bahrain Causeway
...r the construction of the proposed causeway to link the two Gulf states. Work on the $2-3bn project will begin within seven months, with completion scheduled for 2011. The 40km causeway will provide road and rail links between Ras Ashiraj in northwest Qatar and Askar in southeast Bahrain. The tw...
Volume: 50Issue: 41Published at Mon, 08 Oct 2007 -
North Africa Targets 1.3Mn B/D New Refining Capacity By 2012 Despite Cost Threats
...mpletion in 2011. Separately, a $1.5bn contract for the construction of a fluid catalytic cracking unit (FCC) and 100,000 b/d fuel oil processor at 'Ain al-Sukhna in the Gulf of Suez is due to be awarded next month. Libyan Refinery Plans Languish Two decades of economic sanctions took their toll on...
Volume: 50Issue: 40Published at Mon, 01 Oct 2007 -
Norway’s NPD Forecasting 6% Annual Decline In Liquids Production To 2011
...Middle East Economic Survey VOL. L No 40 01-October-2007 Norway’s NPD Forecasting 6% Annual Decline In Liquids Production To 2011 Norway’s National Petroleum Directorate (NPD) has forecast a steady decline in liquids output over the period 2007-11, although rising gas production wi...
Volume: 50Issue: 40Published at Mon, 01 Oct 2007 -
Market Risks In A Changing LNG World: Exploring Alternative Mitigation Strategies For MENA Projects
...G The strong demand outlook has encouraged LNG expansion in Qatar, Oman and Egypt. New projects are expected in Yemen, Algeria, and possibly Libya.3 The resulting additional capacity due to come on stream between 2007 and 2011 in the Arab world will be 74mn tons/year, 69% of which is in Qatar (Ta...
Volume: 49Issue: 44Published at Mon, 30 Oct 2006 -
Greenspan Sees Lower Energy Intensity As Global Economy Adjusts To High Oil Prices
...en through the 1990s had eroded noticeably over the past five years, making specific reference to long-dated oil futures, which in early August breached $60/B for WTI for 2011 delivery. He also pointed out that despite the highly profitable market environment for oil producers, the expected surge in...
Volume: 48Issue: 43Published at Mon, 24 Oct 2005 -
Yemen Expedites Exploration Activity As Decline In Oil Production Continues
...d plans to drill 20-40 wells annually. During 2005 Nexen plans to invest $70mn to drill at least 20 wells and test deeper horizons where there has been recent success. It has the right to produce oil in Masila until 2011 and to negotiate a five-year extension. Nexen also has a controlling (87.5%) st...
Volume: 48Issue: 41Published at Mon, 10 Oct 2005 -
EGPC Seeks To Tap International Capital Markets
...curities in the international capital markets will break new ground. It will be the first time that the state-owned Egyptian oil company has attempted such a borrowing, although Egypt has two existing sovereign Eurobonds in the market with maturities of 2006 and 2011. The magnitude of the offering is to...
Volume: 47Issue: 41Published at Mon, 11 Oct 2004 -
Deutsche Bank Forecasts IRR Of 14.8% For Kashagan Partners
...leable holding, as BG chose to do earlier this year.” But, it adds, “at the point the Kashagan development becomes cashflow positive, which based on our estimates is 2011, the NPV of the project will be worth an estimated $8.6bn to each core partner.” The report goes on to say that based on book re...
Volume: 46Issue: 43Published at Mon, 27 Oct 2003 -
EC-Gazprom Settlement Over Destination Clauses Likely To Pressure Sonatrach
...d is used to transport all Russian gas destined for the Italian market. The expansion has to be completed between 2008 and 2011 depending on certain Italian market developments. Eni finally offered to promote an improved third party access regime (TPA regime) facilitating the use of the TAG as a tr...
Volume: 46Issue: 42Published at Mon, 20 Oct 2003 -
Gulfstream Resources/Arco To Form Joint Venture For Qatar Offshore Block
...urt of Justice at the Hague, which extended the term of the agreement by eight years until June 1996. The ruling also stipulated that if by then gas is produced from the portion of the contract area which extends into the southern tip of the North Gas field, the agreement will run until the year 2011 (ME...
Volume: 38Issue: 02Published at Mon, 10 Oct 1994