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