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Flow Of Egyptian Gas To Israel Resumes, New Price Struck With Jordan
...n per year by 2014. Meanwhile, Egyptian officials have said they have not yet received notice of a suit from EMG. The company told MEES in July that it had filed for international arbitration against the government for claims on damages of $8bn due to Egypt’s failure to meet the terms of its Ga...
Volume: 54Issue: 44Published at Mon, 31 Oct 2011 -
Nabucco Schedule Slips Again, Kazakhstan Declines Trans-Caspian Offer
...peline would be ready to start shipping Azeri gas from Shah Deniz Phase 2 in 2018 rather than the earlier scheduled start-up of 2017. This means that the construction start-up date for the 31 bcm/y capacity, $14bn project may be pushed back to 2014. Mr Roiss is currently touring Central Asian ca...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Offshore Exploration To Continue, Says Cyprus, As Turkish Ship Enters Republic’s EEZ
...Turkey’s reason for insisting that Cyprus halt the work in Block 12 on the grounds that it would not be beneficial to Turkish-Cypriots. Gas from Block 12 is not expected to arrive on the island until 2014 – by which time a federal Cypriot government and an island-wide gas distribution system co...
Volume: 54Issue: 40Published at Mon, 03 Oct 2011 -
South Sudan Announces Plans For Transitional Government
...l output to 565,000 b/d by the end of the year, according to Business International Monitor’s (BMI) Sudan Oil and Gas report for September, with plans to raise production to 735,000 b/d by 2014. But most of the country’s oil resources are located in the south, and its infrastructure in the no...
Volume: 53Issue: 43Published at Mon, 25 Oct 2010 -
Kabyldin Says KMG Will Cover Investment Needs To 2014 Via Loans
...Middle East Economic Survey VOL. LIII No 42 18-Oct-2010 CASPIAN Kabyldin Says KMG Will Cover Investment Needs To 2014 Via Loans KazMunaiGaz (KMG) CEO, Kairgeldy Kabyldin, said on 8 Oc...
Volume: 53Issue: 42Published at Mon, 18 Oct 2010 -
Kazakhmys To Accelerate Ekibastuz Power Plant Modernization
...08 acquired the country’s largest power plant, located at Ekibastuz near Pavlodar, announced on 24 September that it will speed up its $400mn modernization program. The company plans to boost the power plant’s generation capacity by 40% to 3.5gw by 2014. Kazakhmys CEO Oleg Novachuk said that the co...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
Kuwait Looking To Start-Up Of Vietnam Refinery In 2014
...Middle East Economic Survey VOL. LIII No 40 4-Oct-2010 KUWAIT Kuwait Looking To Start-Up Of Vietnam Refinery In 2014 Kuwait intends to keep hold of its 35.1% stake in the $6bn Nghi So...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
MENA Region Could Become World’s Petrochemical Hub, Says Al Masah Capital
...ng term demand outlook for petrochemicals is very positive, supported by rising consumption rates in emerging economies of Asia, primarily China and India, maintains the report. The region’s share of global ethylene capacity is set to reach 23.4%, equivalent to 174.8mn tons/year, by 2014, up fr...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
APICORP Prepares To Launch First Ever Bond
...e end of 2009. This is already stronger than most A-rated commercial banks, and is expected to rise to around 30% by 2014. APICORP’s extremely low leverage ratio of 3.1% and non-performing loan (NPL) ratio of 0.7 % further contribute to its stability in the currently difficult global financial en...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
Saudi Power And Water Expansion Program Gathers Pace
...mber of important electricity projects are expected to enter service this year, including an independent power plant (IPP) program that will see approximately SR21bn ($5.6bn) invested in three new power plants – at Rabigh, Riyadh and Qurayah – between April 2012 and April 2014, adding 5.2gw in new ca...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
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: 52Issue: 43Published at Mon, 26 Oct 2009 -
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: 52Issue: 43Published at Mon, 26 Oct 2009 -
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: 52Issue: 40Published at Mon, 05 Oct 2009 -
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: 51Issue: 41Published at Mon, 13 Oct 2008 -
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: 48Issue: 42Published at Mon, 17 Oct 2005 -
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: 48Issue: 41Published at Mon, 10 Oct 2005