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Jordan Aims To Supply Iraq With Power In 2023
...habilitating damaged power infrastructure in the western Anbar province. Transmission infrastructure in Anbar underwent extensive damage with the rise of ISIS in 2014. Work includes rehabilitating the key Qaim 400kV substation needed for interconnecting to Jordan (MEES, 26 August). GE will eventually bring the li...
Volume: 65Issue: 43Published at Fri, 28 Oct 2022 -
SEC $80bn Debt Dilemma
...reement with seven Saudi banks for SR9bn ($2.4bn) to finance “general corporate purposes including capital expenditure.” Overall, SEC has raised $51.3bn since July 2007, mainly through sukuk and bank loans. The largest loan by far, of $13.2bn, was granted by the Ministry of Finance in March 2014 (ME...
Volume: 63Issue: 42Published at Fri, 16 Oct 2020 -
Egypt Power Use Suffers Amid Covid Demand Depression
...nce 2014-15’s 147.0TWh. *Power consumption by the industrial sector slumped 13% year-on-year to just 9.58TWh for Q2, the lowest quarter since 1Q16 and the lowest second quarter in over a decade. For 2019-20 as a whole, industrial consumption was down 7% at 41.2TWh, the lowest figure since 20...
Volume: 63Issue: 40Published at Fri, 02 Oct 2020 -
Houthis Eye Tempting Target
...Since Aramco began building the Jazan refinery and associated oil terminal in 2014, the local geopolitical situation has deteriorated sharply, with Riyadh supporting the Yemeni government in its campaign to quell Houthi rebels, whose area of operation is just south of Jazan in northern Ye...
Volume: 61Issue: 40Published at Fri, 05 Oct 2018 -
Aramco Ready To Fire Up Power Plant As Key Jazan Projects Near Completion
...C First phase 1mn t/y steel billets, second phase 1mn t/y Steefco (2014) 0.04 Within JEC Forming, coating 180,000 t/y of steel rebar and mesh U/C: Jazan refinery (2019) 7.00 Within JEC 400kb/d CDU. Output in...
Volume: 61Issue: 40Published at Fri, 05 Oct 2018 -
Aramco Targets 12GW Powergen Capacity By 2020, Seeks Supply License
...mpressors and turbines used in Aramco petroleum and petrochemicals facilities. The company last week announced a plan to manufacture gas turbines at the site under a long-term supply agreement with Aramco signed in 2014. While US conglomerate General Electric does not manufacture turbines or generators in...
Volume: 60Issue: 42Published at Fri, 20 Oct 2017 -
Iraq’s Tentative Gas Gains Insufficient To Stem Oil Burn Growth
...cent years. Oil production has risen from 3.30mn b/d in 2014 to average 4.35mn b/d in January-September this year. Gross gas output has averaged 2.7bn cfd in the first eight months of 2016, up 628mn cfd from the same period last year. But output gains have not been matched by development of the ne...
Volume: 59Issue: 43Published at Fri, 28 Oct 2016 -
SEC Tackles Pricey Fuel With ‘Improved Efficiency’, Falih Firms Up Nuclear Plans
...16, but the 2015 peak of 62.26GW was 10.1% higher than the 56.55GW recorded for 2014. Before the tariffs hike, government’s Electricity and Cogeneration Regulatory Authority (Ecra) was warning that peak load could reach 75GW in 2020 if consumption continued unchecked, a massive 20% increase (MEES, 9 Se...
Volume: 59Issue: 42Published at Fri, 21 Oct 2016 -
Saudi Electricity Seeks Outside Funds For 5.4GW Capacity Hike
...nce 2007, including a $13.3bn ‘soft loan’ from the Ministry of Finance in March 2014 (see table). OUTSIDE FINANCE SEC’s most recent loan is a SR5bn (S1.33bn) sukuk arranged through local banks. This took the total raised so far this year to a record $5.1bn, which was 38% higher than the pr...
Volume: 59Issue: 40Published at Fri, 07 Oct 2016 -
Saudi Arabia Subsidy Cuts On The Way?
...e world, with average monthly power tariffs of $0.04 per kwh, as opposed to $0.13 per kwh in the United States. The IMF calculates that the implicit cost of subsidized petroleum products and natural gas prices in Saudi Arabia was $83bn (equivalent to 11.1% of GDP) in 2014 (MEES, 23 October). Me...
Volume: 58Issue: 44Published at Fri, 30 Oct 2015 -
Aramco Vows $100Bn Spend To Phase Out Crude-Burn, Targets Self-Sufficiency
...amco plans to spend $100bn over the next 10 years in boosting natural gas production capacity with a view to eradicating the kingdom’s direct burning of crude oil in power plants. In July 2014 Saudi crude burning reached a new peak of 899,000 b/d and during June-August this year the average burn was 86...
Volume: 58Issue: 43Published at Fri, 23 Oct 2015 -
Qatar Power Demand Tops 7GW; QEWC Advances 2.5GW Plant
...hind this summer’s consumption peak. Kahramaa says the new peak is almost 5% higher than the 2014 high of 6.74GW, and was achieved without an increase in electricity network faults. The state utility says that Qatar’s peak electricity load has increased by 8.5% a year during 2010-14. Qatar can cu...
Volume: 58Issue: 42Published at Fri, 16 Oct 2015 -
IEA Sees Cost Of Renewables Falling, But Regional Adoption Constrained
...velopment remains patchy. Policies aimed at enhancing energy security and sustainability lie behind record growth in global renewable electricity capacity in 2014. An additional 130GW of renewables capacity – more than 45% of net capacity added – took total global renewables capacity to 1.81TW by the en...
Volume: 58Issue: 41Published at Fri, 09 Oct 2015 -
Saudi Electricity Demand To Rise 32% By 2020, Says ECRA
...pected need. Peak electricity load in Saudi Arabia is projected to rise by 18GW or 32% from 2014 to 2020, according to the Electricity and Cogeneration Regulatory Authority (ECRA). In its newly-released annual statistical booklet for 2014, ECRA sees peak demand rising from 57GW in 2014 to 75GW in 20...
Volume: 58Issue: 40Published at Fri, 02 Oct 2015 -
Iran Starts Work On 1GW Zanjan Plant
...xt five years. Zanjan Electricity Company head Ali Chehlamirani says the area’s demand peaked at 580MW in summer 2014, of which 73% was consumed in the industrial and agricultural sectors. New plants in Zanjan province are part of a Ministry of Energy plan to add 30GW of generating capacity na...
Volume: 57Issue: 42Published at Fri, 17 Oct 2014 -
Egypt Eyes 2016 Start For 650MW Suez Plant
...w of 4.6bn cfd in July 2014 (see graph, MEES, 26 September). EEHC estimates Egypt’s electricity generating capacity at 30.8GW. Besides the Suez project, new capacity is also coming from the 1.95GW South Helwan thermal plant, under construction for startup in 2018. This will require 420mn cfd of ga...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Shuweihat S2 Inaugurated As Abu Dhabi Expects Demand Growth
...rrently a partner in an independent power producer (IPP) project under development alongside Shuweihat S2. The Shuweihat S3 plant will have capacity to generate 1.6GW of electricity and is expected to start up in March 2014. Adwea is also studying bids for an IWPP to be built alongside an existing power and wa...
Volume: 56Issue: 42Published at Fri, 18 Oct 2013 -
Morocco’s ONEE Announces 2013-17 Electricity Plan
...e 300MW Tarfaya wind farm at the end of 2014 and Spain’s Gamesa is adding 120MW of capacity at the Metline and Kchabta wind farms (MEES, 23 August)....
Volume: 56Issue: 40Published at Fri, 04 Oct 2013 -
Iraq Wakes Up From Power Shortage Nightmare
...ld a dominant position in Iraq’s Kurdish north (MEES, 28 September). In addition to the 500mw Najibiya power plant due on stream in 2014, and a 126mw facility specifically for the Lukoil-led West Qurna-2 oil field development, Turkish firm Enka is converting the 1,000mw Single Cycle Irbil power plant in...
Volume: 55Issue: 44Published at Fri, 26 Oct 2012 -
Wärtsilä-Led Group To Build Jordan Power Plant
...able a switch to natural gas “once the infrastructure for natural gas supply is in place.” The plant will be built at al-Manakher, 30km outside ‘Amman. It will be developed in three phases, with the first scheduled to come on-line in February 2014 and the entire plant to be operational by Se...
Volume: 55Issue: 43Published at Fri, 19 Oct 2012