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Oman Starts Qualification For Three New Desalination Plants
...line in 2017-19 and will take Oman’s desalination capacity under development to 970,000 m3/d. OPWP expects Oman’s peak water demand to rise from 934,000 m3/d in 2014 to 1.34mn m3/d in 2020. Oman’s current desalination capacity is 740,000 m3/d. OPWP has awarded Singapore’s Hyflux and local firm Mo...
Volume: 58Issue: 50Published at Fri, 11 Dec 2015 -
Iran Launches New Contracts Ahead Of Opec Meet
...kely low oil prices) persisting into 2017 (see p10 and MEES, 16 October). While Opec Secretary General ‘Abd Allah al-Badri told reporters on the sidelines of Adipec that he welcomed Iran’s impending return, the prospect of Opec members cutting production to make way for Iran is extremely unlikely. Th...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Rabigh 2 Joins Petchems Start-Up Queue, Saudi Capacity Surge Nears
...BIC/Celanese Jubail, S Arabia 2016 50 polyacetal SABIC/Mitsubishi Jubail, S Arabia 2017 250 MMA, 40 PMMA SA...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Egypt Inaugurates 200mw Gebel El Zeit Wind Farm
...ncluded in December 2010. Completion of the farm raises Egypt’s claimed wind capacity to 950MW. NREA has awarded a €220mn turnkey contract for another Gebel El Zeit wind farm, a 220MW project to be built by Spain’s Gamesa for start-up in the second half of 2017 (MEES, 24 April). Egyptian Electricity Tr...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Dubai Expands Solar Plans But Keeps Faith In Coal
...rrent 9.66 Planned Additions: Solar Park 2 (2017) Solar 0.2 Jebel Ali M Expansion (2018) Gas 0....
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
Saudi Stance Wins Out At Opec Meeting
...ndensate and NGLs) to its output by the end of next year then any market rebalance gets pushed back to 2017 (see graphs). If this analysis was repeated based on the Opec, rather than the IEA, demand forecasts the market would not even be close to balance. QUOTA CALL In the run up to the Opec me...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
KNPC To Close Shuaiba In 2017
...KNPC To Close Shuaiba In 2017 Kuwait’s state refiner KNPC will shut down its ageing 200,000 b/d Shuaiba refinery permanently by April 2017, more than two years earlier than planned the company said this week. This follows a series of unplanned closures, most recently due to a fire in a he...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Egypt Looks Beyond Current Storms To Gas-Fueled Upland
...cent corporate presentation, adding that Shell’s previous drilling had targeted offshore Egypt’s “classical Tertiary clastic play.” Eni’s confidence in its new model was such that it drilled the Shorouk block’s Zohr prospect despite there being no contractual obligation to do so before a second, 2017...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Edison Hopes For More Zohr
...cense in the latest bidround (MEES, 9 October). It also has the Israeli Neta and Royee licenses immediately to the east of its Egyptian offshore acreage. “We plan on drilling North Thekah more towards the beginning of 2017. We would consider drilling Port Fouad in 2017 – potentially back to back to No...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
A New Vision: Kurdistan, A Major Gas Province?
...itial 4 bcm/year of natural gas to Turkey from 2017, rising to 10 bcm/year by 2020 and with the option of increasing to 20 bcm/year thereafter (MEES, 11 April 2014). However, Mr Hawrami acknowledged that the KRG’s financial strains mean that the timeline would likely “slip by six to twelve months, to 2019 pe...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Oman Invites Bids For Building Duqm Refinery, Awards Liwa Cracker
...r a PET technology license. Ompet had planned to achieve financial close for its PTA/PET plant by mid-year, with a view to project start-up in 2017. However, the financial arrangements have yet to be concluded, which suggests that the PTA/PET plant start-up target is likely to be pushed into 20...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Egypt Joins MENA Nuclear Club Through 4.8gw Deal With Russia
...pco E&C has started construction of the containment building for the last of its four 1.4GW reactors at Barakah. State nuclear firm ENEC says it is on schedule to start up one plant per year during 2017-20 (MEES, 25 September). Iran signed a deal with Rosatom to press ahead with two further 1GW re...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
BG Deal Brings Cyprus, Israel Gas A Step Closer To Egypt
...rket, rather than re-export as LNG, is concerned). This is especially the case given that, according to any conceivable timeframe, Zohr, slated for fast-track development with first gas in 2017, will come online years before Leviathan or Aphrodite (MEES, 23 October). Eni and Spanish firm Union Fe...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Middle East To Drive Gas Growth, But Is It Sustainable?
...ian countries. Spot prices in East Asia were reported at around $6.6/mn BTU in October, compared with around $12/mn BTU a year ago. “We expect LNG prices to fall by around 20% next year, and by another 18% in 2017,” Moses Rahnama, gas analyst at London-based Energy Aspects tells MEES. LNG pr...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Egypt Tying Up Gas-Fired Finance, Looks To Advance Renewables And Nuclear
...s-fired turbines will be installed in three 4.8GW combined cycle gas-turbine (CCGT) plants, at Beni Suef, Burullus and a planned new capital city 45km east of Cairo. These will be built by Egyptian firms Elsewedy Electric and Orascom Construction for start-up during 2017-20. Each plant will co...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Opec Market Share Policy To Bear Fruit Next Decade - But Not For All
...intain expensive plans to hike output. This assertion was backed up by Mr Mazru’i at Adipec in Abu Dhabi on 9 November, who stated that the fall in oil prices had not changed the country’s vision. He reaffirmed his commitment to increasing crude production to 3.5mn b/d by 2017, a target the IEA ap...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Israel Reaches Final Hurdle Before Gas Outline Implementation
...livered between 1 January 2016 and 30 June 2017, with Defa thought to favor bids that stipulate an earlier start date (MEES, 18 April 2014). Three bids are currently on the table: from a Greek consortium headed by local businessmen; from trading giant Vitol which this year opened an oil products st...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Lebanese Politicians Pass Essential Financial Laws
...oductive cabinet. LEBANON: KEY ECONOMIC INDICATORS -IMF 2011 2012 2013 2014 2015 est. 2016 est. 2017 est. GDP Gr...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
Abu Dhabi Reaffirms Output Hike Pledge As Adco Stalemate Continues
...The UAE remains committed to increasing oil production to 3.5mn b/d by 2017. Delegates at last year’s Adipec conference eagerly anticipated an announcement on which companies would be awarded shares in the 40% of the Abu Dhabi Company for Onshore Petroleum Operations (Adco) concession av...
Volume: 58Issue: 46Published at Fri, 13 Nov 2015 -
Iran: It’s All About The Contracts For Total
...d of the current government’s term in August 2017, according to a 6 November report by state news agency Mehr. The Total CEO conjectured that without foreign assistance, Iran will likely be restricted to increasing production by “300, 400, 500,000 b/d;” even after this “it will take time.” On...
Volume: 58Issue: 46Published at Fri, 13 Nov 2015