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Iran Establishes New Naval Base In The Sea Of Oman
...approximately 37 bcm/year, with first gas planned from 2014. Mr Kasaeizadeh said that design engineers had been hired and that NIOC had started talks with European countries on their participation in the implementation of the project. Nozar Arian, Managing Director of the Iranian Of...
Volume: 51Issue: 44Published at Mon, 03 Nov 2008 -
Foster Wheeler Signs 200,000 B/D Libyan Refinery Contract With Tamoil Subsidiary
...soline, jet fuel and diesel, with minimal fuel oil production. It is due for completion in 2014. Under the agreement signed in Tripoli, Foster Wheeler will act as project manager, responsible for optimizing the refinery configuration, selecting the licensors, the front-end engineering design (FEED) and th...
Volume: 51Issue: 44Published at Mon, 03 Nov 2008 -
Kasaizadeh Targets Implementation Of LNG Projects By End-2014
...anian Gas Exports, in Tehran on 5 October, that the company now expected that all three of its major LNG export projects will be implemented by the end of 2014. He said that that the first plan to materialize would be the Iran LNG project, due on-stream in 2012, which is being financed exclusively by...
Volume: 51Issue: 41Published at Mon, 13 Oct 2008 -
Eni Expects Kashagan First Oil By 4Q12, Shell-KMG JV To Operate Production Phase
...penses made up to that point unless the deadline is met. Kazakh officials suggested earlier this month that the actual production start-up may be delayed until the spring of 2014 due to harsh winter conditions (MEES, 15 September). Production is set to increase rapidly after first oil, to reach 37...
Volume: 51Issue: 39Published at Mon, 29 Sep 2008 -
Kashagan Early Oil May Be Delayed To 2014
...Middle East Economic Survey VOL. LI No 37 15-Sept-2008 CASPIAN Kashagan Early Oil May Be Delayed To 2014 Timur Kulibayev, Chairman of Kazakh oil producers’ association KazEnergy told a conference in Astana on 4 September that start-up of the early oil phase of the Kashagan oil fi...
Volume: 51Issue: 37Published at Mon, 15 Sep 2008 -
Azeri Energy Minister Announces Readiness To Join Nabucco Project
...bucco – one branch of a gas pipeline which will give us the opportunity to deliver gas from the Caspian region to Europe.” Mr Aliyev also noted that Azerbaijan estimated that its future gas production would reach 32 bcm/year by 2014 and 40 bcm/y by 2017. This was the first time the Azeris have su...
Volume: 51Issue: 36Published at Mon, 08 Sep 2008 -
The Georgia-Russia Standoff And The Future Of Caspian And Central Asian Energy Supplies
...ve a boost to alternative energy supplies to Europe as well as other exotic routes for Caspian and Central Asian oil and gas. Notes: 1. BTE currently carries 6 bcm/year of gas, which is projected to reach 20 bcm/y by 2014. Oil volumes are also transported through Azerbaijan and Georgia via the Ba...
Volume: 51Issue: 36Published at Mon, 08 Sep 2008 -
Greece Emerges As Major Gas Player With Participation In South Stream Pipeline
...e 10 bcm/y gas exports to Europe anticipated from Azerbaijan’s Shah Deniz field are not expected to reach the market until 2014 or later. At the same time StatoilHydro, which controls 25% of the Shah Deniz consortium, has announced that it will join EGL in the construction of the Trans-Adriatic Pi...
Volume: 51Issue: 33Published at Mon, 18 Aug 2008 -
Gazprom To Buy 500,000 Tons Of LNG From Adgas
...ich will start production this winter, and of the Shtokman LNG project in the Barents Sea with first LNG expected in 2014....
Volume: 51Issue: 33Published at Mon, 18 Aug 2008 -
High Oil Prices Revive Interest In Renewable Energies, Says GRC
...chnology exporter. The Masdar initiative has invested $2bn in two factories for thin film PV cells in Abu Dhabi and Germany. Upon completion, the two Masdar factories will have a combined annual output of 230mw of generating capacity per year, to be increased to 1gw annually by 2014, said the report. Th...
Volume: 51Issue: 32Published at Mon, 11 Aug 2008 -
NPC Plans To Double Production Capacity To 68Mn T/Y By 2014
...Middle East Economic Survey VOL. LI No 25 23-June-2008 IRAN NPC Plans To Double Production Capacity To 68Mn T/Y By 2014 Iran’s National Petrochemical Company (NPC) plans to invest more than $30bn by 2014 to double its current production level to 68mn tons/year, according to NP...
Volume: 51Issue: 25Published at Mon, 23 Jun 2008 -
Aramco, KPC Take $30Bn Downstream Investment Plunge
...vestment in new refineries down to 2014. Kuwait’s downstream arm KNPC on 11 May announced the award of construction contracts for al-Zour, which will become Kuwait’s fourth and the region’s largest refinery when completed in 2012-13. The contracts were awarded on a cost reimbursable basis, but KNPC ve...
Volume: 51Issue: 20Published at Mon, 19 May 2008 -
Lebanon Completes $882mn Eurobond Exchange
...Middle East Economic Survey VOL. LI No 18 5-May-2008 Lebanon Lebanon Completes $882mn Eurobond Exchange The Lebanese government announced on 30 April that it had successfully completed a voluntary offer to swap dollar government bonds maturing in 2008 for new ones maturing in 2014...
Volume: 51Issue: 18Published at Mon, 05 May 2008 -
Algeria Pursues Gas Export Plans Ahead Of Production Hike
..., as part of its expansion and diversification strategy. As well as agreeing to supply 2bn cu ms/y to StatoilHydro for 15 years, Sonatrach has also booked 1bn cu ms/y of capacity at the terminal for itself, from 2009 to 2014. The company’s positions on the east side of the Atlantic centre on its pa...
Volume: 51Issue: 10Published at Mon, 10 Mar 2008 -
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 -
Yemen Accelerates Upstream Efforts As Oil Production Falls
...ock 51 and 275,000 b/d of water. Crude output is expected to fall to around 10,500 b/d by end-2008. “With the existing wells and the wells we are drilling in 2008, we have oil until 2014 at which date we will be producing around 3,500 b/d of oil,” Mr Lett said. The PSA on the Block expires in 20...
Volume: 51Issue: 08Published at Mon, 25 Feb 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 -
Turkey Seeks To Attract Private Investors To Southeastern Anatolia
...be completed in 2014. A hydroelectric generation facility at the dam will have a 1,200mw capacity that will produce 3.8mn khw annually. The dam will create a lake that will hold 11bn cu ms of water. However, there is strong opposition from European NGOs that are pressing the EU to hold back fi...
Volume: 50Issue: 47Published at Mon, 19 Nov 2007 -
Rise In Nuclear Power Demand Behind Kazakhstan’s Plans To Become Global Uranium Supplier
...uranium ore by 2014, and the Japanese group will have access to 2,000 t/y. Toshiba, which entered the deal seeking a secure source of uranium ore for future nuclear power plants built by Westinghouse, will have the right to 600 t/y. In 2004, Kazatomprom signed a deal with South Korea to su...
Volume: 50Issue: 39Published at Mon, 24 Sep 2007