- Sort by:
- Score
- Published ▼
-
Saudi Arabia Plans To Open Stocks To Foreign Investment
...vestment. There were reports late in 2010 that foreigners would be let in as early as the first half of 2011, but at the time analysts said that it would take much longer to complete the studies and develop a plan. “I think the timing will be influenced by market conditions. They won’t want to do it if th...
Volume: 54Issue: 52Published at Mon, 26 Dec 2011 -
Outlook Hazy For MENA Project Financing
...Middle East Economic Survey VOL. LIV No 52 26-Dec-2011 MEES Agenda Outlook Hazy For MENA Project Financing With the global financial crisis in the rearview mirror, hopes had been high that 2011 would be an even better year for the financing of MENA energy projects than 20...
Volume: 54Issue: 52Published at Mon, 26 Dec 2011 -
Peace Breaks Out In Vienna
...en downgraded by some 290,000 b/d and OPEC actually sees the appetite for its crude at some 140,000 b/d weaker than in the last report at 29.76mn b/d (see table). OPEC’s Summarized Oil Supply/Demand Balance For 2011 (Mn B/D) 2010 1Q11 2Q11 3Q11 4Q...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
Qatar’s Barzan Becomes World’s Largest 2011 Project Financing
...Middle East Economic Survey VOL. LIV No 51 19-Dec-2011 Qatar’s Barzan Becomes World’s Largest 2011 Project Financing When the loan agreements were signed on 13 December for Qatar’s $10bn Barzan gas facility, it became the largest project financing to be completed in the world th...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
Saudi Arabia Flexes Capacity Muscle To Lift OPEC Output To Three-Year High
...10 – November 2011 (MEES Estimates – ‘000 B/D) 2011 2010 Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan Dec Nov Algeria 1,250 1,...
Volume: 54Issue: 50Published at Mon, 12 Dec 2011 -
Iraqi Oil Sector Faces Year Of Challenge And Promise
...ojects are set to hit key milestones or begin. However, the massive planned oil industry expansion comes amid a sharp deterioration in oil relations between Baghdad and Irbil in the wake of October’s ExxonMobil upstream agreement with the Kurds, writes Rafiq Latta. While 2011 began with the re...
Volume: 54Issue: 50Published at Mon, 12 Dec 2011 -
Qatar Raises $5Bn In Bonds, Defying Unstable Market
...kuk, issued a couple of weeks ago, received 275 bps over mid swaps, and Abu Dhabi Islamic Bank’s five-year $500mn Sukuk was at 245 bps over mid swaps, with the $750mn seven-year Bahraini sovereign at 450 bps over mid swaps (MEES, 28 November). Qatar 2009 And 2011 Bond Issues Ma...
Volume: 54Issue: 49Published at Mon, 05 Dec 2011 -
Iran Announces 10,000 B/D GTL Project, But Faces Hurdles
...ES. Currently, South Pars actual gas production is about 7bn cfd of gas – lower than the installed capacity. South Pars sustainable condensate production is estimated at 300,000-310,000 b/d in 2011. South African petrochemical company Sasol, which operates a GTL plant in Qatar, is building a 34...
Volume: 54Issue: 49Published at Mon, 05 Dec 2011 -
Gulf Sukuk Issuers Brave Volatile Markets
...apping up an active three months which saw $17bn worth of paper hitting the market, representing almost two-thirds of the year’s total (MEES, 6 December 2010). Hopes had been high, given the large amount of refinancing needed, that market activity would spike up a notch in 2011. But as the European so...
Volume: 54Issue: 48Published at Mon, 28 Nov 2011 -
ExxonMobil-KRG Oil Deals Send Seismic Shock Through KRG-Baghdad Relations
...ast tripling electricity provision there. Pointing to World Bank statistics, Mr Salih noted that GDP per capita had grown almost 1,500% in the last nine years, from $375 dollars in 2002 to estimates of “at least” $5,500. “In 2002, the annual budget of Kurdistan was $100mn. In 2011, we had $10bn of go...
Volume: 54Issue: 47Published at Mon, 21 Nov 2011 -
East Mediterranean Energy Potential Under Spotlight At Cyprus Conference
...ars, he added. A total of nine wells were drilled in 2011 and a further 12 wells are planned for 2012-13. Israel has proven natural gas reserves of 277 bcm (9.8 tcf) and a possible total of 730 bcm (25.8 tcf), he said, adding that estimated reserves could be as high as 60-70 tcf of gas and 1bn barrels of...
Volume: 54Issue: 47Published at Mon, 21 Nov 2011 -
Hawrami: ‘Let Parliament Rule On Oil Policy Differences’
...nanza and has been the driving force behind the autonomous region’s ambitious and controversial oil policy. The KRG is producing in excess of 200,000 b/d, and has recently committed to raise oil exports to 175,000 b/d next year from its 2011 commitments of 100,000 b/d. Dr Hawrami talked to Rafiq La...
Volume: 54Issue: 47Published at Mon, 21 Nov 2011 -
OPEC Highlights Economic Uncertainty
...vestment risk. Accordingly, the 2011 WOO has added an Accelerated Transportation Technology and Policy (ATTP) scenario in addition to the Reference, Low Economic Growth and High Economic Growth scenarios included in last year’s forecast. OPEC sees more damage to the projected demand for its crude fr...
Volume: 54Issue: 46Published at Mon, 14 Nov 2011 -
IEA World Energy Outlook Warns Of Unsustainable Energy Future
...the Middle East and North Africa and a sharp rebound in energy demand in 2010, which pushed CO2 emissions to a record high, highlight the urgency and the scale of the challenge.” Central to the 2011 edition of the WEO is the New Policies scenario, which assumes that recent government co...
Volume: 54Issue: 46Published at Mon, 14 Nov 2011 -
Iraqi Gas Flaring Worsens
...pacity and, secondly, Iraq’s woefully high levels of gas flaring are in fact getting worse. Associated gas output rose by some 172mn cfd from 2009 to the third quarter 2011, but gas flaring is up by 228mn cfd at 940mn cfd. And in September flared volumes, representing some 62% (compared to just ov...
Volume: 54Issue: 45Published at Mon, 07 Nov 2011 -
MENA Turns To Solar Power For EOR As Well As National Grids
...nerate 10% of its electricity from renewables by 2020. Its power stations burn fuel oil and crude, and Kuwait consumed 413,000 b/d of oil in 2010 – about 16% of production, according to the BP Statistical Review of World Energy for 2011. Its electricity demand is growing about 8% a year, but it is doing li...
Volume: 54Issue: 45Published at Mon, 07 Nov 2011 -
EU To Discuss Turkish Position On Cyprus Offshore At December Summit
...ly aircraft carrier to the east Mediterranean in November. Turkey’s Stalled EU Membership Turkey is an applicant for EU membership but has made little progress since accession talks opened in October 2005. In its Key Findings Of The 2011 Progress Report On Turkey, released on 12 October, the Eu...
Volume: 54Issue: 44Published at Mon, 31 Oct 2011 -
Satorp Paves Way For Saudi Project Sukuk Issuers With $1Bn Offering
...09. There were expectations that 2011 would be even better, but unless there is a sudden change and a flurry of paper comes to market in the remaining few months, this year is going to see a marked fall from 2010. Last year the issuance of notes and sukuk was up on 2009’s levels to about $32-34bn (ME...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Risk At Center Of Oil Industry Outlook
...veloping countries in the other. It’s a very mixed picture.” He said the OPEC Secretariat had received plans for around 120 development projects from members that could be started in 2011-15: “But there is lots of uncertainty. The most important point is that our countries have the reserves. And if th...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011 -
Turkey Allows Russian Gas Import Deal To Expire In Move To Open Up Market
....0 2008 37,793.0 36,024.00 443.0 2009 33,619.0 32,135.00 721.0 2010 32,466.0 31,462.00 660.0 2011* 25,045.0 24,583.00 475.0 * As of August 2011. Source: Botas. Tu...
Volume: 54Issue: 42Published at Mon, 17 Oct 2011