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OCP Signs Fertilizer Plant MOUs With Libya, Vietnam
...ant is to be built in Morocco and begin production in 2011. An ammonia plant of unknown capacity will be built in Vietnam. The announcements follow an invitation by OCP in February to international investors to participate in the development of Morocco’s phosphate and chemicals industry. OCP ex...
Volume: 51Issue: 21Published at Mon, 26 May 2008 -
Ras Laffan C IWPP Attracts 20 Banks
...timated 9,000mw power needs by 2011....
Volume: 51Issue: 21Published at Mon, 26 May 2008 -
Hayan Petroleum Produces More Gas
...arter of 2011 (MEES, 24 March, 10 March)....
Volume: 51Issue: 21Published at Mon, 26 May 2008 -
Aramco, KPC Take $30Bn Downstream Investment Plunge
...0,000 t/y of benzene and 200,000 t/y of polymer grade propylene, the partners said. Jubail start-up was initially planned for 2011. But costs soared from initial estimates of around $6.3bn, prompting a rework to the front-end design and subsequent delays. By late last year, costs indications had pushed the pr...
Volume: 51Issue: 20Published at Mon, 19 May 2008 -
South Korea Signs Energy Deals With Kazakhstan, Uzbekistan
...140 tons of uranium from Kazakhstan in 2011-17, and 2,600 tons from Uzbekistan in 2010-16. Kazakhstan holds 19% of the world’s uranium reserves and plans to produce 15,000 tons/year by 2010 (MEES, 24 September 2007). South Korean oil and gas companies reached agreements in Uzbekistan to explore th...
Volume: 51Issue: 20Published at Mon, 19 May 2008 -
SRAK Gets Extension, Closes In On Kidan Target
...aybah 250,000 2008 Nuayyim* 100,000 2009 Khurais 1,200,000 Mn420 70,000 End-2009 Manifa 900,000 Mn90 50,000 2011-12 Ha...
Volume: 51Issue: 20Published at Mon, 19 May 2008 -
Algeria Assigns $5bn Financing Package For Terga And Koudiet Eddraouch Power Plants
...st an estimated $2.4bn and is due for completion in September 2011, is being built by a consortium comprising Egypt’s Orascom Construction Industries (OCI) and the French engineering group Alstom (MEES, 26 November 2007). Of the total cost, 30% will be funded by Sonelgaz and Sonatrach, with the re...
Volume: 51Issue: 19Published at Mon, 12 May 2008 -
Algeria To Almost Double Refining Capacity by 2013, Says Sonatrach V-P
...habilitation of our refineries by more than 20%. It means that by 2011 we will have a capacity of 24-25mn tons/year, only by the extension. And we are also moving forward with the world scale refinery in Tiaret.” Algerian domestic oil consumption has risen sharply this decade, from just below 200,000 b/d in...
Volume: 51Issue: 18Published at Mon, 05 May 2008 -
Chinese And Gulf Companies Expand In Sudan, Amid Faltering Political Progress
...dan, a census is taking place that should pave the way for general elections next year, and for the planned referendum in 2011, which would allow the people of southern Sudan to vote on independence. The potential for the CPA to unravel remains dangerously high. Dozens were killed in skirmishes near th...
Volume: 51Issue: 18Published at Mon, 05 May 2008 -
QP’s Shaibi Sees Project Finance As Key To Qatar’s Continued Growth
...ke into consideration significant syndication risk and thus high costs would increase the tariff. This would only work if associated with price flex, which QP is very much against, he said. The $3.5bn Ras Laffan C project, which is expected to supply Qatar with a third of its needs by 2011, re...
Volume: 51Issue: 17Published at Mon, 28 Apr 2008 -
Petrofac Awarded Gas Processing Contract At Kashagan
...cludes engineering, procurement and construction management for the oil treatment plant, the gas and LPG treatment plant and the sulfur treatment plant. Petrofac was awarded its first contract by Agip KCO in August 2004. The offshore Kashagan field is due to come into production in late 2011. Peak pr...
Volume: 51Issue: 17Published at Mon, 28 Apr 2008 -
Russia Cancels Libya Debt In Exchange For Contracts, As Moscow’s N Africa Influence Grows
...l and gas discoveries on their acreage in the Ilizi Basin, due on-stream in 2011. Finally, although the project remains a long way off, Gazprom’s Alexei Miller also told reports in Libya on 16 April that the company was interested in participating in the Trans-Saharan Gas Pipeline, which is de...
Volume: 51Issue: 17Published at Mon, 28 Apr 2008 -
Halliburton To Provide Oil Services To Manifa Offshore Project
...jack-up rigs, said Halliburton. The Manifa project, expected to be completed in June 2011, involves the demothballing of the offshore Manifa oilfield and the construction of gas-oil separation plants and crude stabilization units and separators. These additions will handle 900,000 b/d of Ar...
Volume: 51Issue: 17Published at Mon, 28 Apr 2008 -
Oman Becomes First Frontier In Gulf Battle For Difficult Oil And Gas
...ift. Last year PDO’s primary oil production was slightly higher than secondary, but by 2011, EOR will start to contribute. In 2016, this will account for one third, with primary and secondary also representing a third apiece (MEES, 18 February). “We have many EOR projects in th...
Volume: 51Issue: 16Published at Mon, 21 Apr 2008 -
Act To Avert Water Crisis, World Bank Urges Arab States, As Food Prices Soar
...hemes are under way across the region. In Algeria, the government is aggressively expanding the country’s desalination infrastructure, with the Ministry of Water Resources hoping to add 2.3mn cu ms/day to existing capacity by 2011. Like the Gulf countries, Algeria suffers from a lack of fresh water, bu...
Volume: 51Issue: 16Published at Mon, 21 Apr 2008 -
Uzbekistan, China Form Joint Venture For Trans-Asian Gas Pipeline
...ations KS2 and KS3 will be completed and go into operation by 31 December 2011. The project stems from an agreement between China and Turkmenistan that calls for the latter to supply 30 bcm/year of natural gas. Initially the deal called for China to begin receiving gas in 2009, but shipments are no...
Volume: 51Issue: 16Published at Mon, 21 Apr 2008 -
Ahmadinejad’s Economic Policies Draw Fresh Criticism From Deputies
...10-11) 1.901 1390 (2011-12) onwards 5.122 With the rise in oil prices to record levels, Iranian officials have estimated oil export revenue in the year ending March 2008 at $70bn. Foreign exchange reserves had risen to $78.5bn by 20 January, the CBI said in April. ...
Volume: 51Issue: 16Published at Mon, 21 Apr 2008 -
Oman Plans To Seek JV Partner For $10-13Bn Al-Duqm Refinery Project
...ach, given that from 2011 onwards the company will be using enhanced oil recovery (EOR) techniques, with this reaching almost a third of production in 2016 (with primary and secondary also roughly a third apiece). Original targets were for 2011 crude output of 600,000 b/d (MEES, 28 January), but PDO sa...
Volume: 51Issue: 15Published at Mon, 14 Apr 2008 -
Kazakhstan Prepares To Boost Trans-Caspian Crude Shipments
...om Kazakhstan put the cost at $3bn with start-up targeted by 2011 to coincide with the Kashagan oilfield coming on-stream. (See Caspian Sea Region Pipelines, MEES, 17 March, page 23). Subsea Pipeline Option? KazMunaiGaz announced in November 2006 that it would pursue developing the export route at...
Volume: 51Issue: 15Published at Mon, 14 Apr 2008 -
UK-Led Consortium Wins $115mn Tipaza Desalination Contract
...pacity by 2011. The Spanish firm Befesa won a $219mn contract to build a 200,000 cmd plant at Ténès, 200km west of Algiers on 2 April, and the bidding for another 150,000 cmd plant at El-Tarf was due to be opened last week (MEES, 7 April)....
Volume: 51Issue: 15Published at Mon, 14 Apr 2008