- Sort by:
- Score
- Published ▼
-
Aramco The Big Winner In Egypt LNG Import Tender
..., TotalEnergies and Shell as well as trading houses Trafigura, Glencore, Gunvor, Vitol and BB Energy as well as the less well-known Hartree and Mex International. Saudi Arabia has been a staunch ally of Egypt President Abdel Fattah al-Sisi since he took power in 2014 and Riyadh has helped fi...
Volume: 67Issue: 38Published at Fri, 20 Sep 2024 -
Oman Starts Work On 500MW Solar In Bid To Triple Renewables Capacity By 2025
...s awarded alongside. The remaining 50MW of Oman’s current capacity comes from the Dhofar Wind Power Project at Harweel in the south of the country. Abu Dhabi’s Masdar, Spain’s TSK, and US firm GE were given the go-ahead in 2014 leading to generation starting in 2019 (MEES, 16 August 2019). 30...
Volume: 66Issue: 38Published at Fri, 22 Sep 2023 -
Kuwait Burns Record Crude To Meet Power Surge
...quid used in the utilities sector this summer, with a record 184,000 b/d burned in July. This is the highest figure in at least 18-years. Even in the unlikely event that no crude oil is burned in the final five months of the year, the annual average would still be the highest since 2014. Diesel co...
Volume: 63Issue: 39Published at Fri, 25 Sep 2020 -
SEC ‘Green Sukuk’ Raises $1.3bn
...ans to fund capital projects, although the largest contribution was a $13.3bn loan in March 2014 from the Ministry of Finance. The utility has a strong credit rating, enabling it to borrow at attractive rates. Earlier this month Moody’s (which gives SEC an A2 rating) said “the company enjoys a do...
Volume: 63Issue: 38Published at Fri, 18 Sep 2020 -
Riyadh’s SWCC Privatization: Desalination And Powergen Assets On The Block
...1 Ras al-Khair RO 2014 311 308 Ras al-Khair 2015 74...
Volume: 62Issue: 39Published at Fri, 27 Sep 2019 -
Saudi OKs Desal Sell-Off Plans
...ant, with 2.4GW power generating capacity and desalination capacity of 1.25mn m3/d. This came online in 2014 at a cost of $6.1bn (MEES, 13 February 2015). Estimating the value of SWCC is complicated by the fact that much of the company’s infrastructure is in need of a capital injection: 20% of its ca...
Volume: 62Issue: 37Published at Fri, 13 Sep 2019 -
SEC Takes First Steps Toward Saudi Power Sector Shake-Up
...ectricity tariffs is also shown in consumption data, with SEC’s grid-delivered electricity consumption falling from a peak of 214.6TWh for 2014 to 206.0TWh for 2016 and 204.6TWh for 2017. The 2017 report reflects a Saudi move towards burning more fuel oil and less crude in power plants. In 2017 steam tu...
Volume: 61Issue: 37Published at Fri, 14 Sep 2018 -
Mena Coal Plans Get Big Boost From Egyptian Project With Chinese Cash
...35 700MW expansion completed in 2014 Mohammedia Morocco ONEE 0.30 1....
Volume: 61Issue: 36Published at Fri, 07 Sep 2018 -
Algeria Plots Unlikely Power Capacity Boost Whilst Rejecting Foreign Funding
...utarfa said Sonelgaz had spent $5.5bn in 2015 and $5.6bn in 2014. Algiers was forced to increase power sector investment after blackouts in 2012 triggered violent protests. Sonelgaz hiked generating capacity by 2.8GW ahead of 2013 summer demand, by speeding the completion of two large power plants and de...
Volume: 60Issue: 37Published at Fri, 15 Sep 2017 -
Iraq Sparking Up Gas-Fired Capacity, Despite Fuel Supply Constraints
...quire 1.2bn cfd of gas. FEDERAL IRAQ PEAK POWER GENERATION (MW) Plant type 2014 2015 2016 *20...
Volume: 60Issue: 36Published at Fri, 08 Sep 2017 -
Iran Starts Work On Nuclear Plants, Eyes Local Fuel Supply
...pacity, and are scheduled to be brought online in 2023 and 2025, under an agreement signed by Rosatom and AEOI in November 2014. The agreement envisages a total of four new reactors being built at Bushehr, as well as four others at an unidentified site in Iran. Construction of the Bushehr-3 reactor is sc...
Volume: 59Issue: 37Published at Fri, 16 Sep 2016 -
UAE Solar Program Expands
...ese increased to more than 2GW in 2014 at peak demand times. The growing gap between Fewa supply capacity and local demand led the authority to sign a deal with Germany’s Siemens for a 2.2GW gas-fired plant to be developed by local firms under an independent power producer (IPP) scheme (MEES, 15 Ap...
Volume: 59Issue: 37Published at Fri, 16 Sep 2016 -
SEC Set For Split By Year-End
...ailable to SEC for supplying customers via the grid. Ecra says that peak load in 2015 was 62.26GW, which was 10.1% higher than the 56.55GW for 2014. Last year Ecra estimated that Saudi Arabia’s peak power load could reach 75GW in 2020 (MEES, 2 September). So far Saudi generators plan to add almost 28...
Volume: 59Issue: 36Published at Fri, 09 Sep 2016 -
Egypt OKs Foreign Arbitration For Renewables, Cuts Solar Tariffs
...ectricity regulatory agency was quoted by Al Borsa as saying that the original tariffs were decided on the basis of a feasibility study carried out in September 2014. He attributed the lowered solar PV tariffs to a subsequent reduction in development costs for solar capacity....
Volume: 59Issue: 36Published at Fri, 09 Sep 2016 -
SEC/Aramco Eyes Cogen Supply For Fadhili Gas Plant
...shore fields including 500,000 b/d Khursaniyah, which is already in production, as well as offshore fields. The processing plant will handle 2.5bn cfd of gas and is expected to come onstream in 2019, according to Aramco’s 2014 annual report. SEC says the cogeneration plant will reach full commercial op...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
UAE Seeks Solar Bidders As Nuclear And Coal Plans Advance
...r the Barakah-1 reactor started in 2012. ENEC has applied for operating licenses for the first two plants (MEES, 3 April). ENEC received government approval in September 2014 to build the third and fourth plants. ENEC recently completed the installation of two steam generators at Barakah-2, wh...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
Jordan $7bn China Deal To Fund Shale-Burning Power Plant
...rchase agreement. Apco and Nepco agreed on a unit cost of 95 fils/kWh ($0.13/kWh), which compares with an average cost of 170 fils/kWh ($0.24/kWh) from Jordan’s existing power plants (MEES, 18 July 2014). Apco has contracted China’s Guangdong Power Engineering Corporation (GPEC) to build the power pl...
Volume: 58Issue: 38Published at Fri, 18 Sep 2015 -
Israel Powergen Capacity Nears 17GW With Completion Of Haruvit CCGT
...t to be finalized (MEES, 7 August). Meanwhile, Alstom is building Israel’s first pumped storage plant at Gilboa, 60km east of Haifa, for start-up in 2018. The plant will have 300MW capacity and incorporate two pump-turbines (MEES, 17 January 2014). On a much smaller scale, Israel’s Eco Wave Po...
Volume: 58Issue: 37Published at Fri, 11 Sep 2015 -
Minister Outlines Iraq’s Power Sector Woes As IMF Warns On Rising Subsidies
...ightly higher than 2014 output and compares with less than 1.5mn cfd in 2010. However, actual sales gas has declined, from over 690mn cfd in 2010 to less than 610mn cfd in 2014 and 590mn cfd for January to May this year. Gas flaring has risen from 51% in 2010 to a whopping 71% for July. While the Sh...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
UAE Faces Power Capacity Shortfall, Targets Improved Efficiency
...stall seven power plants with total combined capacity of 9.47GW by 2021, a 33% increase on current installed capacity of 28.9GW (see table). However demand growth is set to outstrip this with current trends indicating consumption will rise 50% between 2014 and 2021 to hit 171TWh by the latter date. By...
Volume: 57Issue: 39Published at Fri, 26 Sep 2014