- Sort by:
- Score
- Published ▼
-
Libya And Iraq: The Weakest Links In World Oil Markets
...edict that at most about 150,000 b/d of new field additions will come online by the end of this year, with the risk that Majnoon also slips into 2014. Maintenance Exposes Infrastructure Failings Of course, a discussion of Iraq must include a mention of its infrastructure – the key co...
Volume: 56Issue: 36Published at Fri, 06 Sep 2013 -
Will OPEC Or The US Be The World’s Marginal Crude Supplier?
...oduction over the next several years is substantial, rising by an average of 1.2mn b/d over the period 2014-18. The spoiler is demand growth. With the OECD showing signs of long term decline, and non-OECD demand relying heavily on uncertain Chinese growth, even if demand gets a lift from lower oi...
Volume: 56Issue: 31Published at Fri, 02 Aug 2013 -
Iraq’s Integrated National Energy Strategy: Summary And Key Recommendations
...cessarily uncertain, and a range of production profiles therefore has been considered for planning purposes. Iraq’s primary upstream strategic objective now is to ensure that the development of these fields proceeds expeditiously, aiming for production by the end of 2014 at a rate between the me...
Volume: 56Issue: 24Published at Fri, 14 Jun 2013 -
MENA Power Sector: Catching Up… But Far From There Yet
...owth of 8.4% for the period 2014-18. Such a growth would likely be higher if derived from the ratio of capacity growth to GDP growth of 2 noted earlier. Conversely, capacity growth would surely be lower if demand-side management (DSM) was adopted more decisively and electricity tariff subsidies phased ou...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
International Oil Market Developments
...t seen for three decades. Nobody speaks now of peak production. • The continued increase in global demand from emerging countries, and its continued decline in the industrialized OECD countries. In 2014, the consumption of industrialized countries will, for the first time in the history of...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Cyprus Bail-Out Terms Signal Huge Policy Shift For Eurozone Bank Resolution
...idelines set in Frankfurt. The Eurogroup hopes that the SSM will begin operations in 2014. Furthermore, transactions - account opening and money transfers - will in future be subject to much greater scrutiny, removing one of the competitive advantages which Cyprus held over most Eurozone countries, where su...
Volume: 56Issue: 16Published at Fri, 19 Apr 2013 -
Iran’s Economy Facing a Challenging Year
...deed seem to indicate that the new Persian year (March 2013-March 2014) is likely to witness—apart from unforeseen political crises related to the June 2013 presidential election or other events - a combination of anemic growth, double-digit inflation, near record unemployment, multiple exchange ra...
Volume: 56Issue: 14Published at Fri, 05 Apr 2013 -
Algerian Gas Faces Three Challenges
...e Galsi pipeline which was due to be built to carry gas directly to north western Italy is on hold – it was planned to be operational in 2014 but its financing is not yet decided. The decline in European need for more gas and the ample room for more throughput in the two pipelines which carry Al...
Volume: 56Issue: 09Published at Fri, 01 Mar 2013 -
Challenges for Libya’s upstream sector
...verse impact on the country’s production profile. Upcoming Projects In Libya Company Date Field, Location ‘000 B/D Eni 2014...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Russia Consolidates Its Position In Iraq Upstream Petroleum
...rward to early 2013, with 60,000 b/d expected by mid year, and 120,000 b/d by the beginning of 2014”.15 As long as the stalemate and differences between the federal government and KRG remain (and the resolutions appears to be remote for the time being), the problem with ExxonMobil is not re...
Volume: 55Issue: 35Published at Mon, 27 Aug 2012 -
A Realistic Outlook For Iraq's Oil Production In 2030
...5mn b/d in 2015, 5.5mn b/d in 2017 and 7mn b/d till 2020. 7 Based on 2011 projections of Merrill Lynch, Iraq will have the capacity to produce 4.4mn b/d in 2015. 8 Based on the Iraqi government’s five-year development plan, which included plans for all economic sectors till 2014...
Volume: 54Issue: 27Published at Mon, 04 Jul 2011 -
The Forthcoming Exploration Blocks Bid Round In Iraq: Issues For Consideration
...d ID241.92bn for 2014. 3 Though the annual investment allocation for the exploration program is on an upward trend, the proportion to total plan investment allocation remains constant at 3.73% on both the aggregate and annual levels. This would lead me to suggest that the investment allocation fo...
Volume: 54Issue: 23Published at Mon, 06 Jun 2011 -
Iraq’s Upstream Oil Contracts, 2011 And Beyond
...atures 143bn barrels of proven oil reserves (plus an estimated 30bn barrels in Iraq’s Kurdistan region), a four-year oil production plan targeting 6.5mn b/d by the end of 2014, and a contracted daily capacity expansion plan of more than 12mn b/d by the year 2017. Figure 1: Geographic Di...
Volume: 54Issue: 22Published at Mon, 30 May 2011 -
Israel’s Sheshinski Committee Recommendations
...vy imposed on revenues from the deposits will be reduced by 50%, ie multiplied by a factor of 0.5, until the end of production of the gas that is currently in the deposit. Deposits in which production will begin after the establishment of the Committee, but no later than 1 January 2014...
Volume: 54Issue: 05Published at Mon, 31 Jan 2011 -
Gas Fields Bid Round In Iraq: Success With Risk
...stainable development on a national/macroeconomics level. It is worth recalling that the current National Development Plan (NDP) 2010-14 aims at increasing gas production from 800mn cfd to 2.75bn cfd in 2014 from 'Akkaz and Mansouriya as well as the associated gas produced in other parts of the co...
Volume: 53Issue: 45Published at Mon, 08 Nov 2010 -
Rumaila Economics And Its Implications
...ateau target. Hence, we assume that the new year-end capacities for 2013, 2014, and 2015 would be 2.4mn b/d, 2.6mn b/d and 2.85mn b/d, respectively. Year-end production capacity does not mean actual production capacity throughout that year. Hence, the assumed actual production for any particular ye...
Volume: 53Issue: 25Published at Mon, 21 Jun 2010 -
Naimi Assesses International And Saudi Energy Prospects
...ojects around 2014 or earlier than that? AN: Earlier than that, probably 2012. We are continuously looking every year at two things: what we need to do to maintain our capacity today, which requires two thirds of the dollar; and we also look at our production capacity compared to what we think the ca...
Volume: 53Issue: 24Published at Mon, 14 Jun 2010 -
Condensate Expansion East Of Suez Boosted By Increased Gas Development
...tlook, 2010-15 ('000 B/D) 2010 2011 2012 2013 2014 2015 Iran 624 686 729 783 807 873 Iraq 92 142 167 219 285 319 Kuwait 87 92 105 110 114 11...
Volume: 53Issue: 16Published at Mon, 19 Apr 2010 -
A Tentative Forecast For Iraq’s Oil Production 2010-20
...enario is indicative: Iraqi Oil Production (Mn B\D) 2010 2011 2012 2013 2014 2015 2016 2.7 3.0 3.5 4.0 4.5 5.5 7.8 These figures are based on achieving the plateaus in the giant fields in the first licensing round as we...
Volume: 53Issue: 06Published at Mon, 08 Feb 2010 -
Iraq’s TSC And PSC Agreements – A Good Deal For Iraq?
...reach production parity with Iran around 2014. After that, OPEC constraints are likely to peg Iraq’s production to that of Iran until 2019 or 2018 in the most likely or high cases for ‘call-on-OPEC’ respectively. Therefore, the call on Iraq’s crude oil production is forecast to be limited to 4-...
Volume: 53Issue: 03Published at Mon, 18 Jan 2010