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Bankers Shrug Off Downturn To Finance Qatar’s $10Bn Barzan Gas/NGL Project
...not covered by OPEC quotas. Qatar Base-Case Condensate Supply Outlook (Mn B/D) Source Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 20...
Volume: 54Issue: 38Published at Mon, 19 Sep 2011 -
NOC Poised To Launch 300,000 B/D Kirkuk Rescue Plan
...ntracts for the expected 110,000 b/d Najma field and the 120,000 b/d Qayara field. These are not scheduled to reach plateau output until 2017. Both projects are progressing slowly, MEES understands. NOC currently flares around 100mn cfd of its 300mn cfd gas production. But this is to be radically re...
Volume: 54Issue: 38Published at Mon, 19 Sep 2011 -
Sohar Aluminium To Assist OPWP To Meet Peak Power Demand
...ojected to increase from 1.924gw in 2011 to 3.464gw by 2017, an average growth rate of about 9% per year(MEES, 16 May). Currently, Oman’s net power generation capacity is 3.8gw and is fully contracted to OPWP under long-term power and water purchase agreements....
Volume: 54Issue: 38Published at Mon, 19 Sep 2011 -
Iraqi Hydrocarbon Tensions Ratchet Up
...e summer, while the LNG market is a winter market,” notes the source. But there is no unanimity as far as supply projections are concerned. Former ministry gas expert Asri Mousa at the July London conference gave a 2017 production figure of 7.5bn cfd. And the source estimates by that time there wi...
Volume: 54Issue: 37Published at Mon, 12 Sep 2011 -
BP Eyes Expansion Of 1Bn CFD Oman Gas Project
...ll-head gas, some of which will be used for power generation at the site, over one-two years. It will remain on plateau at 1bn cfd for a minimum of 10 years. The project will probably start with around 40 wells in 2016, increasing to 60 during 2017, and add 20-25 additional wells each year for 10...
Volume: 54Issue: 37Published at Mon, 12 Sep 2011 -
From Glass Box To Smoke-Filled Room: How Rumaila Contract Was Renegotiated
...tural resources. The issue is especially pertinent, as the total Iraqi production according to the contracts awarded in the two auctions of 2009 is projected to be over 12mn b/d by 2017, up from around 2.5mn b/d today. If this were achieved, it would crash the oil price, and Iraqis would get less in...
Volume: 54Issue: 36Published at Mon, 05 Sep 2011