1. 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: 50
    Issue: 39
    Published at Mon, 24 Sep 2007
  2. 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: 50
    Issue: 39
    Published at Mon, 24 Sep 2007
  3. 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: 50
    Issue: 38
    Published at Mon, 17 Sep 2007
  4. 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: 50
    Issue: 38
    Published at Mon, 17 Sep 2007
  5. 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: 50
    Issue: 38
    Published at Mon, 17 Sep 2007
  6. 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: 50
    Issue: 37
    Published at Mon, 10 Sep 2007
  7. 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: 50
    Issue: 37
    Published at Mon, 10 Sep 2007
  8. 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: 50
    Issue: 36
    Published at Mon, 10 Sep 2007
  9. Technip Wins FEED For Al-Shaheen Refinery

    ...d of 2011....

    Volume: 50
    Issue: 36
    Published at Mon, 10 Sep 2007
  10. 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: 50
    Issue: 36
    Published at Mon, 10 Sep 2007