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Laffan Condensate Refinery Inaugurated, Expansion Work Expected In 2011
...e contract in May 2005 (MEES, 27 June 2005). The plant foundation stone was laid in April 2006 (MEES, 24 April 2006). The refinery was originally scheduled for start‐up in the fourth quarter of 2008, but before it was finished Qatar said it planned to double its capacity by 2014 (MEES, 10 September 20...
Volume: 53Issue: 15Published at Mon, 12 Apr 2010 -
Turkey’s Gas Imports Bill Totals $9.9Bn In 2009, Crude Imports $6.4Bn
...nstruction in 2014....
Volume: 53Issue: 14Published at Mon, 05 Apr 2010 -
Shah Sour Gas Project Set For Late 2014 Start-Up
...Middle East Economic Survey VOL. LIII No 14 05-April-2010 UAE Shah Sour Gas Project Set For Late 2014 Start-Up Abu Dhabi is eyeing the second half of 2104 for the start-up of its Shah sour gas development project, according to statements made by the head of Abu Dhabi Gas De...
Volume: 53Issue: 14Published at Mon, 05 Apr 2010 -
ESAI Predicts Demand For OPEC Crude Will Exceed Capacity After 2020
...is year to 2014, with global oil demand growth averaging 1.7% a year. “After that, however, improvements in fuel economy, the penetration of non-petroleum based fuels in transport, and a price on carbon will all contribute to the scaling back of oil demand growth to a long term average around 1.0%.” Ye...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
Nabucco Confirms 2014 Target For Pipeline Start-Up
...Middle East Economic Survey VOL. LIII No 13 29-March-2010 CASPIAN Nabucco Confirms 2014 Target For Pipeline Start-Up Nabucco Managing Director Reinhard Mitschek confirmed on 25 March that co...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
Iran And Pakistan Sign Gas Pipeline Agreement
...peline is scheduled for late 2014 or early 2015. Despite pressure from the US government on Islamabad not to sign the deal, Pakistan’s Minister of Petroleum Naveed Qamar told reporters on 17 March that the pipeline would constitute an “historic achievement” and a “milestone towards meeting” his country’s en...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
TAP Consortium Applies For Inclusion In Italy’s Rete Nazionale Gas Grid
...untries and Iran over the latter’s nuclear program, TAP is now looking to secure gas supplies from Azerbaijan’s Shah Deniz Stage 2 project, which could come into operation in 2014 or later....
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
Turkey’s Energy Minister Says Politics Holding Up Gas Talks With Azerbaijan
...age 2 gas, which should begin around 2014 and theoretically feed both Nabucco and the ITGI. MEES understands that the Turkish government has made Azerbaijan an offer on gas prices and transit, but has yet to receive a reply from Baku. Other recent developments in Turkey include: Turkey has rejected ca...
Volume: 53Issue: 13Published at Mon, 29 Mar 2010 -
Greece And Italy Promote ITGI Gas Pipeline As Best Start To Southern Corridor
...r Bulgaria by 2013 and Italy by 2014-15. The IGB is a small project and easily fits the purposes of Greece, Italy and Bulgaria.” Mr Paleoyannis said a DEPA delegation recently visited Azerbaijan to discuss the possibility of receiving gas from that country’s state-owned oil and gas company Socar....
Volume: 53Issue: 12Published at Mon, 22 Mar 2010 -
Scaroni Proposes Partial Combination Of South Stream And Nabucco Pipelines
...ring 2009, 34.5mn tons of crude was lifted from the terminal. CPC shareholders agreed earlier this year to more than double the pipeline’s transport capacity to 67mn tons/year (1.34mn b/d). The expansion project is to be complete by 2014. Poland’s Petrolinvest on 9 March announced that the European Ba...
Volume: 53Issue: 11Published at Mon, 15 Mar 2010 -
Export Options Considered For Barzan In Addition To Domestic Supply
...presenting the last of the Qatari projects conceived before the North Field moratorium was implemented, was originally planned for 2012 start-up, but that date has now slipped to 2014 (MEES, 14 December 2009). While some figures for capital costs have been floated, putting it in the $6-7bn range, the in...
Volume: 53Issue: 11Published at Mon, 15 Mar 2010 -
Turkey Ratifies Nabucco Intergovernmental Agreement
...nal investment decision on the €7.9bn project, designed to carry 31 bcm/year of gas into East and Central Europe. Construction is to begin in 2011 and first gas from the Caspian region should pass through the pipeline in 2014-15. Turkey’s prolonged negotiations with Azerbaijan over the price of gas th...
Volume: 53Issue: 11Published at Mon, 15 Mar 2010 -
SEC Appoints GDF Suez As Preferred Bidder For Riyadh-Based PP11 IPP
...is would become operational in 2014 and produce 2.0gw. SEC said in its 2009 annual report that it plans to hike generation capacity by around 12.0gw by 2014 to meet rising industrial and household demand. Current SEC capacity is around 40.0gw, while total Saudi capacity is almost 45.0gw. Ras Al-Zo...
Volume: 53Issue: 10Published at Mon, 08 Mar 2010 -
Ma'aden Readying To Approach Lenders For Aluminum Project
...d first production from the mine and refinery is expected in 2014. Ma'aden will own 60% of the joint venture, with Alcoa and its partners holding 40%. The aluminum complex follows the Ma'aden phosphate project, which was funded in 2008. First Hard Rock Mining Project The first Saudi hard rock mi...
Volume: 53Issue: 10Published at Mon, 08 Mar 2010 -
Shuweihat S3 To Send Out RFP To Developers
...quirements simply need to be coordinated with ADNOC’s projects, MEES understands. The state oil and gas producer has several projects on the go for gas re-injection in oil fields. S3 is expected to come on line with its early power in summer 2013 and the rest will be available in before 2014 summer peak lo...
Volume: 53Issue: 10Published at Mon, 08 Mar 2010 -
Algeria’s Southwest Gas Project Awaits Approval Amid Political Turmoil
...pply its future contracts,” notes one source close to the project. Reggane Nord will cost about $1bn to develop, with roughly another $1bn to be spent over the lifetime of the project, which if approval is given soon, should come on stream in 2014. Around 70 wells in all will be needed. Reggane No...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
Abu Dhabi’s ADCO Targets 1.8Mn B/D Oil Capacity
...rporation (GHC) and 30% by Athens-based Consolidated Contractors Company (CCC), which won part of the $1.3bn Shah and Sahil field development contract last year. Phase 2, scheduled to come on stream by 2014 ,will add another 70,000 b/d of new capacity, which will come from Bab, Asab and North East Bab. Me...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
Bulgaria’s Share In Burgas-Alexandroupolis Pipeline To Be Controlled By Finance Ministry
...34mn b/d), with completion scheduled for 2014 (MEES, 11 January). Azerbaijan intends to boost gas exports to Iran to 1.2-1.5mn cmd by the end of February, Reuters reported on 12 February. The two countries signed a new gas sales and purchase agreement in January (MEES, 18 January). During 20...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
PDO Reports Production Increases And Four Discoveries In 2009
...2,000 b/d, in line with the company’s 540,000-560,000 b/d target. Gas production, meanwhile, increased to 410,000 boe/d from 390,000 boe/d in 2008. On the back of ongoing and new enhanced oil recovery (EOR) projects, PDO’s oil production target is likely to remain stable up to 2014, the Undersecretary of th...
Volume: 53Issue: 08Published at Mon, 22 Feb 2010 -
Algeria Unveils 2010 Budget With 12.9% Increase In Expenditure
...ll also focus on the domestic market. According to a recent government report the plan is expected to achieve an average growth rate of 5% over 2010-14 and to reduce unemployment to less than 10% by 2014 from 11.3% in 2008 with the creation of some 3mn new jobs. Limited Effect Of Global Financial Cr...
Volume: 53Issue: 07Published at Mon, 15 Feb 2010