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Iran’s Oil And Gas Export Earnings Up 32% To $81.8Bn In March 2008
...670 1390 (2011-12) 2.210 1391 (2012-13) onwards 6.844...
Volume: 51Issue: 36Published at Mon, 08 Sep 2008 -
Parsons Brinckerhoff Appointed Owner’s Engineer For Qatar’s Ras Laffan C IWWP
...tar, the company announced on 19 August. Ras Laffan C is being developed on a fast-track basis to help meet the demand for electricity in Qatar, which is rising at the rate of about 17% annually. Located in Ras Laffan Industrial City, the project will produce some 2.73gw of power beginning in 2011 an...
Volume: 51Issue: 36Published at Mon, 08 Sep 2008 -
The Georgia-Russia Standoff And The Future Of Caspian And Central Asian Energy Supplies
...rst successful new oil export project. The 3,000km Atyrau-Alashankou oil pipeline is scheduled to be completed in several stages by 2011 and is projected to bring around 200,000 b/d of Caspian oil to China (20mn tons/year annually, with the potential to reach 50mn t/y). 5. For a thorough as...
Volume: 51Issue: 36Published at Mon, 08 Sep 2008 -
Egyptian Gas Plans Unfold, Despite Growing Concerns Over Domestic Supplies
...ound 2tcf of gas and 180mn barrels of condensate, according to EGAS, although its appraisal is ongoing. BG, Egypt’s largest foreign gas producer, also has a $3bn investment program up to 2011, mostly targeting the development of its two producing offshore concessions in the Mediterranean deep wa...
Volume: 51Issue: 35Published at Mon, 01 Sep 2008 -
GDF Suez, GIC Awarded $2Bn Al Dur 1 IWPP Contract
...wer and water purchase agreement for Al Dur 1 independent water and power project (IWPP) in Bahrain. Phase 1 of the project, to be developed on a BOO (build, own, operate) basis, will start in the summer of 2010, with full capacity to be achieved in summer 2011. Al Dur 1 is expected to start de...
Volume: 51Issue: 35Published at Mon, 01 Sep 2008 -
Political Comment (1 September 2008)
...Middle East Economic Survey VOL. LI No 34 25-Aug-2008 Political Comment (1 September 2008) Iraqi Prime Minister Nuri al-Maliki has stated that in the negotiations on a Status of Forces Agreement (SOFA) the US and Iraq have agreed on a 2011 deadline for the withdrawal of US fo...
Volume: 51Issue: 35Published at Mon, 01 Sep 2008 -
Citadel-Backed Refining Project To Seek Funding Late 07/Early 08
...C. It will start up in 2011 producing 2.2mn tons/year of diesel (in line with the latest Euro V specifications coming into force in 2009) and 700,000 t/y of high octane gasoline. Egypt produces a surfeit of fuel oil (now that most power operations are switching to gas) and the refinery will use th...
Volume: 50Issue: 39Published at Mon, 24 Sep 2007 -
PDO Extends Land Rig Contracts With KCA Deutag
...O). The total contract value is around $100mn. PDO’s contracts for rigs T 44 and T 77 have been extended by four years each, to December 2011 and July 2011 respectively. The contracts for rigs 55, 66 and 63 have all been extended by two years, to September, March and June 2010 respectively. The or...
Volume: 50Issue: 39Published at Mon, 24 Sep 2007 -
Egypt To Raise Crude/Condensate Output 100,000 B/D By Mid-2008
...oject in the governorate of Kafr al-Shaikh with an investment of around $10.5bn. The complex would be located at Matobas and would use 300,000 b/d of crude oil to be imported. Minister of Petroleum Sameh Fahmy said in 2006 that the Kafr al-Shaikh project was planned for completion in 2011. Under th...
Volume: 50Issue: 38Published at Mon, 17 Sep 2007 -
PTT Sees Rising Prices As Barrier To Iranian LNG Supply Deal
...livery of 3mn t/y beginning in 2011 (MEES, 10 July 2006). On 13 September Mr Kwangsukstith said PTT was in talks to secure alternative supplies in the face of delays to Pars LNG....
Volume: 50Issue: 38Published at Mon, 17 Sep 2007 -
Current KPC Strategy Has Achieved Only Half Its Goals, Says Buqrais
...isis affecting the country’s power generation sector amid rising electricity demand. He added that the current budgeted price for the new refinery, $15bn (the previously published figure was $14bn) would apply only if the refinery stuck to its current schedule of completion in 2011. Any further de...
Volume: 50Issue: 38Published at Mon, 17 Sep 2007 -
Iraq’s Power Master Plan Seeks To End Electricity Blackouts By 2011
...Middle East Economic Survey VOL. L No 36 10-September-2007 Iraq’s Power Master Plan Seeks To End Electricity Blackouts By 2011 Iraq’s master plan for the electricity sector aims to end load-shedding by 2011 while at the same time increasing per capita electrical consumption fr...
Volume: 50Issue: 37Published at Mon, 10 Sep 2007 -
Egypt’s Citadel Capital Awards EPC Contract For New Refinery
...rporation (EGPC) of around $200mn, primarily through savings on the import of oil products to Egypt, and to prevent the release of 75,000 tons of sulfur into the atmosphere in greater Cairo. The estimated cost of the entire project, due to be completed and commissioned by September 2011, is around $2....
Volume: 50Issue: 37Published at Mon, 10 Sep 2007 -
Mitsui, GS Engineering To Build Hydrocracker At Mostorod Refinery
...e 135,000 b/d Mostorod oil refinery north of Cairo. The units, which will boost diesel and other middle distillate output, are expected to come on-stream by 2011. According to GS, the units include an 80,000 b/d vacuum distillation unit and a 40,000 b/d hydrocracker....
Volume: 50Issue: 36Published at Mon, 10 Sep 2007 -
Technip Wins FEED For Al-Shaheen Refinery
...d of 2011....
Volume: 50Issue: 36Published at Mon, 10 Sep 2007 -
Saudi Aramco Oil Output Down 1.7% in 2006 At Average 8.9Mn B/D
...lls by 2011. In the next 10 years, we hope to add 50 tcf to our current 248.5 tcf of gas reserves,” it said. Major Gas Discoveries In 2006 (Mn CFD) Well Gas Flow Condensate Location Depth Field Karan-6 80...
Volume: 50Issue: 36Published at Mon, 10 Sep 2007 -
Saudi Arabia Targets 12.5Mn B/D Oil Capacity By 2009, Says Naimi
...pacity added in 2011. Manifa, which was discovered in 1958 and plugged in 1980, is problematic because of the high sulfur content in its Arab Heavy crude oil (28° API) reserves (MEES, 4 September). Saudi Arabia says its oil production capacity now stands at 11.3mn b/d following the inauguration of th...
Volume: 49Issue: 38Published at Mon, 18 Sep 2006 -
QP Urges LNG Lenders To Accept More Risk As Pricing, Spot Sales Evolve
...ock of engineering, procurement and construction (EPC) costs. While QP has not given clear indications on the length of the moratorium, Mr Kharbotli emphasized that LNG “has been and still is the bulk of QP’s investment.” Qatargas and RasGas (which will have a combined capacity of 77.2mn t/y by 2011...
Volume: 49Issue: 38Published at Mon, 18 Sep 2006 -
Iran Launches Strategy To Reduce Gasoline Imports As Sanctions Threat Looms
...0 B/D) Abadan Upgrade 2008 360 - 360 Replacement of 180,000 b/d crude units. New 45,000 b/d FCC Abadan New Refinery 2011...
Volume: 49Issue: 37Published at Mon, 11 Sep 2006 -
Nama Selects Petronas As Partner For Private Jubail Export Refinery
...ovisionally scheduled for start-up in 2011 (MEES, 15 May). In August, Saudi Aramco announced initial contracts for a separate 400,000 b/d refinery in Jubail that it is developing in partnership with Total, while a similar plant is under development in partnership with ConocoPhillips in Yanbuʹ (MEES, 28 August)....
Volume: 49Issue: 37Published at Mon, 11 Sep 2006