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IPIC And KazMunaiGaz Conduct Feasibility Study For Petrochemical Plants
...ter increase to 10 bcm/y by 2014. “This project is much needed,” Mr Masimov told a government meeting in Astana. “This winter has shown that we are vulnerable. The quicker we build it, the less we will remain dependent on external sources.” A consortium of South Korean companies led by...
Volume: 51Issue: 09Published at Mon, 03 Mar 2008 -
New Petkim Owners Plan Major Investments
...tkim to produce chemicals that Turkey now imports. Mr Aksoy also said the group would invest $4bn-5bn to build a new refinery with a 6mn-8mn tons/year capacity at the Petkim site that would come on-stream before 2014. The new investment includes developing the company’s port and teaming with Ge...
Volume: 50Issue: 51Published at Mon, 17 Dec 2007 -
Saudi Electricity Company Appoints Advisors For IPP Program
...oduce 1,200mw, cost SR5bn ($1.3bn) to develop and start up in 2012; the Riyadh plant will produce 2,000mw, cost SR8bn ($2.1bn) and start in 2013; and the Qurayah plant will produce 2,000mw, cost SR8bn and start up in 2014. SEC issued SR5bn of bonds in June, which came in oversubscribed (MEES, 23 Ju...
Volume: 50Issue: 50Published at Mon, 10 Dec 2007 -
Toshiba Pursues Access To Kazakh Uranium
...oduce 5,000 t/y of uranium by 2014. Kazakhstan’s uranium reserves are the largest in the world after Australia. In April, Kazakhstan and Japan signed 24 agreements on uranium mining and sales, and the development of nuclear power. Toshiba agreed to help Kazatomprom build a light-water nuclear re...
Volume: 50Issue: 35Published at Mon, 27 Aug 2007 -
Saudi Electricity Company Receives Technical Bids For IPP Program
...ant will produce 2,000mw, cost SR8bn ($2.1bn) and start in 2013; and the Qurayah plant will produce 2,000mw, cost SR8bn and start up in 2014. ...
Volume: 50Issue: 29Published at Mon, 16 Jul 2007 -
Saudi Electricity Company Receives Financial, Legal Bids For IPP Program
...e RFP will be issued in August 2008, with initial operation planned for April 2013 and full operation for April 2014. The Qurayah Power Plant will be a 2,000mw heavy Arab crude fired facility, with an estimated capital cost of SR8bn, with the RFP to be issued in August 2009, and initial op...
Volume: 50Issue: 28Published at Mon, 09 Jul 2007 -
Dragon Oil 1Q 2007 Production 26,943 B/D
...zylkum and Baiken-ULLP mines, where test production is to begin this year and uranium production is expected to peak at 5,000 tons/year in 2014. The deal gives the Japanese companies the right to buy 2,000 tons/year. Kazakhstan holds one-fifth of world uranium reserves. Lukoil Overseas an...
Volume: 50Issue: 18Published at Mon, 30 Apr 2007 -
Iran’s Oil Production Reached 4.3Mn B/D Last Year, Says Vaziri-Hamaneh
...a more consistent basis than in recent years, and recently declared its intention to raise capacity to 7mn b/d by 2014 (MEES, 27 November 2006)....
Volume: 50Issue: 16Published at Mon, 16 Apr 2007 -
Russia Remains At Odds With Other CPC Partners Over Pipeline Expansion
...pensive than that charged by Russian pipeline monopoly Transneft for transport through its system. Moscow is said to be looking to have the debt paid down by 2012 instead of 2014 as previously planned. Moscow is also said to want the consortium run by a board of directors instead of a shareholders’ co...
Volume: 49Issue: 48Published at Mon, 27 Nov 2006 -
NIOC Officials Update On Oil Production And Refining Targets
...OC) Managing Director Gholamhossein Nozari announced on 20 November that the company was aiming to increase its oil production capacity to 7mn b/d by 2014, while at the same time increasing gas production capacity to 1.565bn cmd (55.30bn cfd). Addressing the 11th International Oil & Gas Forum in Te...
Volume: 49Issue: 48Published at Mon, 27 Nov 2006 -
Lebanon Cancels $844Mn Worth Of Cash Eurobonds
...sue, due to an international arbitration dispute with a former mobile operator LibanCell. The issues were intended to replace debt maturing in 2006. The cancellation covered two dollar-denominated issues worth $662mn ($73mn from the $750mn 2014 eurobond and $588mn from the 2012 $1.5bn eurobond) an...
Volume: 49Issue: 16Published at Mon, 17 Apr 2006 -
CPC Partners Want Russia To Approve Pipeline Expansion
...iginal target date of 2014 (MEES, 18 October 2004, 17 January). During the last 18 months the CPC pipeline has pumped an average of 530,000 b/d. During the course of its operation since October 2001, it has earned for Russia $650mn in taxes and fees. However, before the Russian government will agree to...
Volume: 48Issue: 42Published at Mon, 17 Oct 2005 -
Petrofac Wins Hasdrubal FEED Contract From BG Tunisia
...a a newly constructed pipeline. The facilities will also produce separate liquid propane and butane products. BG Tunisia plans to invest $600mn in developing the offshore Hasdrubal field and a further $400mn to extend the production plateau of its Miskar operations to 2014....
Volume: 48Issue: 41Published at Mon, 10 Oct 2005 -
UAE’s Rafi Oil Signs PSA For Azerbaijan’s Onshore Surakhani Oilfield
...e project reaching $400mn. Rafi Oil said that it expected production at Surakhani to reach 5,000 b/d by 2014. During its 100 years of operation, some 2,500 wells have been drilled in Surakhani, which covers some 13 sq km and is located 14km northeast of Baku on the Absheron peninsula. The oi...
Volume: 48Issue: 35Published at Mon, 29 Aug 2005 -
Syrian Official Warns Against Continued Dependence On Oil Revenue
...Middle East Economic Survey VOL. XLVIII No 5 31-January-2005 SYRIA Syrian Official Warns Against Continued Dependence On Oil Revenue Syrian economic growth will start to decline as of 2014 if the country continues to depend on oil production which has been falling in recent ye...
Volume: 48Issue: 05Published at Mon, 31 Jan 2005