1. Shah Field Doubts Cast Shadow Over Abu Dhabi’s Petchem Ambitions

    ...stream projects including the $10bn, 500mn cfd Shah gas field, Nick Wilson reports from Abu Dhabi. Partially state-owned petrochemical firm Borouge’s ethylene cracker expansion to 3.6mn tons/year by 2014 depends on the integrated completion of five upstream sources of ethane and building two new NG...

    Volume: 54
    Issue: 23
    Published at Mon, 06 Jun 2011
  2. Qatar Sees World Cup As Catalyst For $200Bn Development Outlay

    ...phasis would be on future container growth, with the new port handling clean cargoes only, leaving all industrial products to Ras Laffan and Mesaieed. It will be served by a 31km approach channel, and built in three phases with stage one due to open by November 2014 with a capacity of 2mn twenty foot eq...

    Volume: 54
    Issue: 21
    Published at Mon, 23 May 2011
  3. Energy Decisions Loom For Cyprus As Island Seeks To Make Best Of All Options

    ...d of the day we don’t wind up with nothing.” Pipeline Gas To Cyprus, The Law, And DEFA’s Future Role According to the plan put forward by Noble Energy, raw gas would arrive on the island by pipeline from Leviathan and Block 12 for processing at Vasiliko sometime in 2014 or after. Considering de...

    Volume: 54
    Issue: 21
    Published at Mon, 23 May 2011
  4. Saudi Arabia Poised For New Gas/NGL Prices

    ...abiyah fields due on stream in 2014 will cost over $5.50/mn BTU (MEES, 9 March 2009). “The Saudis won’t be able to get any significant new fields for less than $5/mn BTU and they are desperate for gas,” says an industry source. By July, the Saudi Aramco/Shell South Rubi' al-Khali (SRAK) gas ex...

    Volume: 54
    Issue: 20
    Published at Mon, 16 May 2011
  5. Abu Dhabi Considers Breaking Up Oil Concessions To Hit 3.5Mn B/D Target

    ...wards it will offer its partners, Nick Wilson writes from Abu Dhabi. Abu Dhabi has studied breaking up its onshore oil consortium (ADCO), when its concession comes up for renewal in January 2014, MEES learns. The plan would award the individual fields to its existing partners: ADNOC (60%), Shell, To...

    Volume: 54
    Issue: 20
    Published at Mon, 16 May 2011
  6. Abu Dhabi Capacity Expansion Schedule Slips By A Year

    ...pacity of about 500,000 b/d, will not be known until the project, which will start up in 2014, is at full capacity in 2016. ADNOC has not published any expected boosts, but under optimum conditions of structures and depth, 20% increases have been achieved elsewhere. ADCO says CO2 could free up as mu...

    Volume: 54
    Issue: 18
    Published at Mon, 02 May 2011
  7. Kuwait Follows Abu Dhabi Into Asia-Pacific LNG Investment

    ...in the project with a 6.4% stake. Chevron Australia Managing Director Roy Krzywosinski said the front-end engineering and design (FEED) activity on Wheatstone is nearly complete. The plant at Ashburton North will initially export up to 8.9mn t/y of LNG to South Korea and Japan in 2014. The Ku...

    Volume: 54
    Issue: 16
    Published at Mon, 18 Apr 2011
  8. Kuwait Advances Chinese Refinery, But KSA Leads Gulf Projects In Asia-Pacific

    ...art up in 2014, but MEES understands it is more likely to be 2018-19. Kuwait, which also plans to build plants in Vietnam and Indonesia, is trying to secure markets for its crude and is therefore eager to provide feedstock to these operations. It aims to boost crude exports to China to 50...

    Volume: 54
    Issue: 16
    Published at Mon, 18 Apr 2011
  9. Kuwait Eyes Permanent LNG Facilities As Politics Holds Up $90Bn Energy Plan

    ...ring peak demand cause temperatures and tempers to rise while air conditioning units shut down, and are a key source of political discontent. Current power capacity is 12gw and Kuwait will have added 4gw by 2014-15, when the al-Zour power plant comes on stream. By this date Jurassic reservoirs in no...

    Volume: 54
    Issue: 15
    Published at Mon, 11 Apr 2011
  10. LNG-Powered Vessels – A Potential Game Changer In Shipping

    ...ws are fragmented and do not cover all aspects in a unified code. But a framework International Gas Fuelled Ships code is expected in 2014. Joseph Morelos, senior surveyor at Lloyd’s Register of Shipping, said at Gastech that the code “will lead to wider acceptance of gas-fuelled ships.” The gr...

    Volume: 54
    Issue: 14
    Published at Mon, 04 Apr 2011
  11. KRG Oil Sector Pushes Ahead Amid Challenging Times

    ...rgeted crude production will rise to 3.3mn b/d next year from 2.75mn b/d in 2011. Baghdad is eyeing output of 4.5mn b/d in 2013 and 6.5mn b/d in 2014. The projections are considerably more than those forecast by independent analysts, which see capacity expansion schedules severely cramped by export in...

    Volume: 54
    Issue: 13
    Published at Mon, 28 Mar 2011
  12. Europe Must Compete With Asia To Secure LNG, Qatargas Chief Warns

    ...ntinues with the North Field moratorium after it completes its studies in 2014 into its depletion rate. Shell has signed a preliminary deal with Qatar to build a 1.5mn t/y monoethylene glycol plant, and is in talks to secure ethane from Pearl for the project instead of just contributing it to state-ow...

    Volume: 54
    Issue: 13
    Published at Mon, 28 Mar 2011
  13. Saudi Aramco And Sinopec Announce Refinery Partnership

    ...nbu' refinery is expected to cost just shy of $10bn and is designed to run heavy oil from Manifa. Scheduled to come on stream in late 2014, Yanbu' will produce 263,000 b/d of ultra-low sulfur diesel, 90,000 b/d of gasoline, 6,300 tons/day of petroleum coke and 1,200 t/d of sulfur. “This agreement fu...

    Volume: 54
    Issue: 12
    Published at Mon, 21 Mar 2011
  14. Doubts Gather Over Gulf Petrochemical Plans

    ...own at 5% a year for the past 25 years, according to Shell. It is the main building block for the olefin petrochemicals, and is used in many key products and in particular polyethylene. But China is building plants at a faster rate and by 2014 will likely have ethylene cracking capacity roughly eq...

    Volume: 54
    Issue: 09
    Published at Mon, 28 Feb 2011
  15. Noble Energy Looks To Accelerate Cyprus Offshore Program

    ...an LNG plant is feasible. Furthermore, MEES sources suggest that Israel’s Tamar gas could be developed to arrive on the island as early as January 2014. Cyprus announced in late December that it had reached an initial agreement with Shell for the supply of LNG over a 20-year period after me...

    Volume: 54
    Issue: 08
    Published at Mon, 21 Feb 2011
  16. 'Attiyah Hands Over Qatar Energy Portfolio To Sada

    ...otas. A future decision the minister will have to take is on the moratorium on new developments of the North Field. QP has said it will not decide whether to lift the moratorium until 2014. MEES understands that it is more likely to be 2016 after results from the 1.5bn cfd Barzan gas development in it...

    Volume: 54
    Issue: 04
    Published at Mon, 24 Jan 2011
  17. China Hedges Bets As South Sudan Votes On Independence

    ...ploration in March and a consortium led by Luxembourg’s Star Petroleum will start exploring Block E. “We estimate that these two blocks have huge reserves which could allow us to add three times the current production to reach maybe 2mn b/d in around 2014 to 2015,” he said, according to AFP. Total sp...

    Volume: 54
    Issue: 03
    Published at Mon, 17 Jan 2011
  18. Unrest Sweeps North Africa

    ...esident Ben Ali called the ongoing nationwide protests “acts of terrorism” and blamed “foreign parties” during a speech on national television. However, on 13 January Mr Ben Ali announced on state television that he would not seek a sixth term in office when his current one ends in 2014. Following the an...

    Volume: 54
    Issue: 03
    Published at Mon, 17 Jan 2011
  19. Utenov: Kazakstan’s Strategic Oil Exports Outlook

    ...ich comes in approximately 2018-19 according to the group of six companies’ estimate. Before the start of oil production under the framework of Kashagan Phase 2 development, the capacity of the existing export systems with full extension of the CPC oil pipeline by the end of 2014 will be enough to ex...

    Volume: 54
    Issue: 03
    Published at Mon, 17 Jan 2011
  20. Saudis Accelerate Multi-Billion Dollar Downstream Drive

    ...3,000 b/d of ultra-low sulfur diesel, 6,300 tons/day of coke and 1,200 t/d of sulphur from late 2014/early 2015. Sinopec is involved in a so-far unsuccessful gas exploration joint venture in Saudi Arabia’s Empty Quarter and also partners Saudi Aramco at its 240,000 b/d Fujian refinery and petrochemical pl...

    Volume: 54
    Issue: 01/02
    Published at Mon, 10 Jan 2011