- Sort by:
- Score
- Published ▼
-
Kazakhmys To Accelerate Ekibastuz Power Plant Modernization
...08 acquired the country’s largest power plant, located at Ekibastuz near Pavlodar, announced on 24 September that it will speed up its $400mn modernization program. The company plans to boost the power plant’s generation capacity by 40% to 3.5gw by 2014. Kazakhmys CEO Oleg Novachuk said that the co...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
Kuwait Looking To Start-Up Of Vietnam Refinery In 2014
...Middle East Economic Survey VOL. LIII No 40 4-Oct-2010 KUWAIT Kuwait Looking To Start-Up Of Vietnam Refinery In 2014 Kuwait intends to keep hold of its 35.1% stake in the $6bn Nghi So...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
MENA Region Could Become World’s Petrochemical Hub, Says Al Masah Capital
...ng term demand outlook for petrochemicals is very positive, supported by rising consumption rates in emerging economies of Asia, primarily China and India, maintains the report. The region’s share of global ethylene capacity is set to reach 23.4%, equivalent to 174.8mn tons/year, by 2014, up fr...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
APICORP Prepares To Launch First Ever Bond
...e end of 2009. This is already stronger than most A-rated commercial banks, and is expected to rise to around 30% by 2014. APICORP’s extremely low leverage ratio of 3.1% and non-performing loan (NPL) ratio of 0.7 % further contribute to its stability in the currently difficult global financial en...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
Saudi Power And Water Expansion Program Gathers Pace
...mber of important electricity projects are expected to enter service this year, including an independent power plant (IPP) program that will see approximately SR21bn ($5.6bn) invested in three new power plants – at Rabigh, Riyadh and Qurayah – between April 2012 and April 2014, adding 5.2gw in new ca...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
Algeria Rediscovers Virtues Of Long Term Commitment
...ing to be short or long, you just have to look at the LNG supply/demand curve. If you lack LNG, the whole market worldwide is going to miss gas. If you have excess of LNG, the whole market of LNG is going to be long,” he continued. “We believe around 2014 Europe will be competing with Asia for LN...
Volume: 53Issue: 41Published at Mon, 11 Oct 2010 -
Region Needs $70Bn Investment Over 10 Years To Avoid Power Crisis
...ar (MEES, 9 August). Abu Dhabi is investing $20bn in four nuclear reactors with a capacity of 1.4gw each to come on line by 2017-20. There is no new planned major source of non-associated gas coming available before 2014, leaving the country’s gas output dependent on crude oil, whose production is cu...
Volume: 53Issue: 39Published at Mon, 27 Sep 2010 -
EU Facilitates Azeri-Turkmen Talks On Kyapaz/Serdar To Boost Nabucco
...mpressed natural gas (CNG) project, which could bring to Baku up to 4-5 bcm/year of gas by 2014-15, would have to be politically acceptable to Moscow before its implementation is seriously considered by Turkmen authorities. It is thought that the cost of shipping CNG between Azerbaijan and Turkmenistan co...
Volume: 53Issue: 39Published at Mon, 27 Sep 2010 -
Ukraine Says LNG Project With Kazakhstan Postponed, Outlines Gas Production Plan
...fore 2014-15. On 15 June Ukraine’s Minister of Energy and Fuel Yuriy Boyko told News Azerbaijan that Kiev “is counting on 5 bcm/year of gas in the first stage and another 5 bcm/y in the second, for a total of 10 bcm/y of gas.” He added that building its own LNG facility near Odessa would cost Ukraine $1b...
Volume: 53Issue: 38Published at Mon, 20 Sep 2010 -
Multi-Billion Dollar Financing Proposal Boosts Nabucco Project
...bcm/y of Shah Deniz Stage 2 natural gas, which is expected to become available as early as 2014-15. Furthermore, Nabucco intends to transport gas from Iraqi Kurdistan, where Nabucco consortium leader OMV and partner MOL of Hungary hold shares in the Khor Mor and Chemchemal gas fields as partners in...
Volume: 53Issue: 37Published at Mon, 13 Sep 2010 -
KNPC Awards Acid Gas Removal Plant Contract To Tecnimont
...nstruction of an acid gas removal plant to Italy’s Tecnimont on 6 September. The project will be executed on a lump sum turnkey basis for $406mn, KUNA reported. Completion is expected by 2014. The contract foresees the provision of engineering, procurement, construction and commissioning (EPCC) services for ne...
Volume: 53Issue: 37Published at Mon, 13 Sep 2010 -
Egypt’s 2010-11 Budget To Pursue Growth Path
...ven the containment of the world financial crisis, his ministry envisages a reduction in the debt/GDP ratio to 55-60% by 2014-15 from 65.8% at end-December 2009 and the fall in the budget deficit/GDP ratio to 3.5% by 2014-15. This would require the adoption of fiscal measures and laws by parliament to br...
Volume: 53Issue: 36Published at Mon, 06 Sep 2010 -
Hawrami Eyes Filling Half Nabucco, As Pipeline Consortium Targets Iraqi Gas
...on as 2014, Mr Hawrami says. Last year, OMV and MOL formed a joint venture with the UAE’s Crescent Petroleum, potentially worth $8bn, for the development of the Khor Mor and Chemchemal fields to supply gas into Nabucco (MEES, 25 May 2009). A dispute between Mr Hawrami and Crescent put a stop to dr...
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
CPC Considering Borrowing $1Bn For Pipeline Expansion
...pacity from 28mn tons/year to 67mn t/y by 2014. Mr Tarakanov said in July that pipeline throughput is currently 34mn t/y, aided by the utilization of drag reducing agents. Phase 1 of the expansion, which would be completed in 2012, would raise throughput capacity to 35mn t/y....
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
Cyprus Expects LNG Delivery Negotiations To Conclude In Six Months
...ppliers of LNG to be concluded within six months, Costas Ioannou, Executive Chairman of the Public Natural Gas Company (DEPA), told the Cyprus Mail on 24 August. Last November Nicosia invited bids on a 20-year contract for delivery of 1 bcm/year of LNG beginning 2014. The government plans to build a €80...
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
EIB Lends Egypt $300Mn For North Giza Power Plant
...lp fund the development of a major new power station on the outskirts of Cairo. State news agency MENA said that the North Giza Power Plant would cost E£120bn ($21bn) and would start operations in 2014. The 1.5gw combined cycle gas turbine (CCGT) plant will use natural gas as a main fuel and light di...
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
SEC Approves $3.92Bn In New Power Projects
...wer plants – at Rabigh, Riyadh and Qurrayah – between April 2012 and April 2014, adding 5.2gw in new capacity....
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
TAQA Boosts Dutch Gas Storage Stake
...mid-2010 for commercial operation start-up in 2014. However, some local governments are opposing the scheme as they fear seismic disturbance. For TAQA, it represents diversification away from Abu Dhabi and power generation, on which the firm was originally based. It also means a cautious ex...
Volume: 53Issue: 35Published at Mon, 30 Aug 2010 -
Egyptian Refinery Takes Top Spot In African Project Financing
...C) consortium along with GS Engineering and Construction. The contractors estimate that they will complete construction and operational testing in the second half of 2014, with full operations beginning in 2015. With $2.6bn coming from senior and subordinated debt, the remaining $1.1bn of the $3....
Volume: 53Issue: 34Published at Mon, 23 Aug 2010 -
KMG Announces Delay Of Kashagan Phase 2 To 2018-19
...2015-16. Mr Kabyldin did confirm that commercial production from Kashagan Phase 1 would start by late 2012 at an initial rate of 14mn tons/year (280,000 b/d). Output is expected to nearly double by 2014-15 to 23mn t/y (460,000 b/d). However, this is thought insufficient to justify construction of th...
Volume: 53Issue: 34Published at Mon, 23 Aug 2010