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  1. Basri Proposes New Approach To Budget Planning In Iraq

    ...provement of government services (health and housing) and for raising productivity in promising projects by adopting the PPP model Dr Basri projects a gradual increase in oil production/exports and revenues during the five-year period, with a rise in oil revenue to $94.5bn in 2014 from $36.0bn in 2009. No...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009

  2. ERC Targets Early 2010 Financial Close For Musturud Refinery Upgrade

    ...rtial exemptions will be granted to refineries which supply the local market. While the project will go ahead, the tax issue has yet to be fully clarified, MEES further understands. ERC suggests that the refinery upgrade/expansion will be completed by 2014 (MEES, 24 August). It was originally due on...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009

  3. Dubai Metro, Gulf’s First Train Network, Starts Up

    ...d first class carriages, and a wireless internet service on every train. The whole network will be completed in 2014 and plans call for it to span 318km eventually. The Dubai authorities anticipate 200mn passenger journeys per year. The railway took four years to build and cost $7.64bn – double th...

    Volume: 52
    Issue: 37
    Published at Mon, 14 Sep 2009

  4. Eni Expects Kashagan First Oil By 4Q12, Shell-KMG JV To Operate Production Phase

    ...penses made up to that point unless the deadline is met. Kazakh officials suggested earlier this month that the actual production start-up may be delayed until the spring of 2014 due to harsh winter conditions (MEES, 15 September). Production is set to increase rapidly after first oil, to reach 37...

    Volume: 51
    Issue: 39
    Published at Mon, 29 Sep 2008

  5. Kashagan Early Oil May Be Delayed To 2014

    ...Middle East Economic Survey VOL. LI No 37 15-Sept-2008 CASPIAN Kashagan Early Oil May Be Delayed To 2014 Timur Kulibayev, Chairman of Kazakh oil producers’ association KazEnergy told a conference in Astana on 4 September that start-up of the early oil phase of the Kashagan oil fi...

    Volume: 51
    Issue: 37
    Published at Mon, 15 Sep 2008

  6. Azeri Energy Minister Announces Readiness To Join Nabucco Project

    ...bucco – one branch of a gas pipeline which will give us the opportunity to deliver gas from the Caspian region to Europe.” Mr Aliyev also noted that Azerbaijan estimated that its future gas production would reach 32 bcm/year by 2014 and 40 bcm/y by 2017. This was the first time the Azeris have su...

    Volume: 51
    Issue: 36
    Published at Mon, 08 Sep 2008

  7. The Georgia-Russia Standoff And The Future Of Caspian And Central Asian Energy Supplies

    ...ve a boost to alternative energy supplies to Europe as well as other exotic routes for Caspian and Central Asian oil and gas. Notes: 1.   BTE currently carries 6 bcm/year of gas, which is projected to reach 20 bcm/y by 2014. Oil volumes are also transported through Azerbaijan and Georgia via the Ba...

    Volume: 51
    Issue: 36
    Published at Mon, 08 Sep 2008

  8. Rise In Nuclear Power Demand Behind Kazakhstan’s Plans To Become Global Uranium Supplier

    ...uranium ore by 2014, and the Japanese group will have access to 2,000 t/y. Toshiba, which entered the deal seeking a secure source of uranium ore for future nuclear power plants built by Westinghouse, will have the right to 600 t/y. In 2004, Kazatomprom signed a deal with South Korea to su...

    Volume: 50
    Issue: 39
    Published at Mon, 24 Sep 2007

  9. Iraq’s Power Master Plan Seeks To End Electricity Blackouts By 2011

    ...08-2015 (MW) 2008 2009 2010 2011 2012 2013 2014 2015 New Generation 1,028 2,260 4,530 4,255 670 1,130 1.200 900 Rehabilitation 35...

    Volume: 50
    Issue: 37
    Published at Mon, 10 Sep 2007

  10. UN Security Council Threatens Oil Sanctions On Sudan

    ...8 36 207 401 2014 152 34 195 382 2015 146 33 190 370 2016 140 32 18...

    Volume: 47
    Issue: 39
    Published at Mon, 27 Sep 2004

  11. CPC Pipeline Shipping Over 500,000 B/D, Says Consortium

    ...orage tanks and a third offshore mooring facility. The expansion program had originally been envisaged as being completed in 2014, but officials are beginning to suggest that the plan could be finished by 2008. Moscow has occasionally grumbled about declaring the pipeline a national monopoly be...

    Volume: 47
    Issue: 38
    Published at Mon, 20 Sep 2004

  12. India LNG Secures $283Mn Syndicated Term Loan

    ...e each providing $15mn. The margin on the loan, which matures on 3 July 2014, is 230 bps over Libor. It is now going to general syndication and should be disbursed over the next month. The loan is a landmark since it represents the single largest limited recourse financing ever completed for LNG ca...

    Volume: 45
    Issue: 35
    Published at Mon, 02 Sep 2002

  13. Caspian Oil And Gas Production Steady Through 1H 2001

    ...urces. Prior to the opening of the CPC pipeline, TCO had developed an export system using railcars and barges to Baltic, Central European and Black Sea destinations (MEES, 2 April).The CPC will have an initial capacity of 560,000 b/d, which is expected to increase to 1.36mn b/d by 2014 (MEES, 3 Se...

    Volume: 44
    Issue: 39
    Published at Mon, 24 Sep 2001

  14. Official Opening For CPC Pipeline Set For Late September

    ...creased to 1.36mn b/d by 2014 in order to accommodate TCO’s targeted output of 700,000 b/d from the Tengiz field, plus that of other regional producers. Equity interest in CPC is allocated as follows: Russian Federation (24%), Republic of Kazakstan (19%), Sultanate of Oman (7%), Chevron Caspian Pi...

    Volume: 44
    Issue: 36
    Published at Mon, 03 Sep 2001