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Kazakhstan And China Inaugurate Crude Oil Pipeline
...zMunaiGaz, which put the cost of the project at $806mn. Deliveries of Kazakh oil from the central Kumkol district should arrive at the Chinese border by the middle of 2006. The project calls for capacity to be increased to 20mn t/y (400,000 b/d) by 2011 and at some point the pipeline may be used to tr...
Volume: 48Issue: 51Published at Mon, 19 Dec 2005 -
Bahr Al-'Ulum Sets Sights On 3Mn B/D Oil Output By End 2006
...-'Ulum said that Iraq would increase oil production from 1.8mn b/d to 2mn b/d by the end of the year (MEES, 28 November). He added that Iraq aimed to lift production to 3.5mn b/d within the next two years and on to 6mn b/d by 2011. Iraq produced 1.65mn b/d in November according to MEES es...
Volume: 48Issue: 51Published at Mon, 19 Dec 2005 -
Qatar GTL Developments On Track, Says ʹAttiyah
...iftly by Phase-2. Finally, ExxonMobil’s integrated 154,000 b/d GTL project is on schedule for 2011 start-up, he said. “Our strategy is to achieve best utilization of our country’s natural resources and to diversify the gas industry; GTL provides the true opportunity in terms of scale and technology to...
Volume: 48Issue: 49Published at Mon, 05 Dec 2005 -
Bahr Al-ʹUlum Sees Iraqi Oil Output At 2Mn B/D By End-2005
...eaking in Qatar, Dr Bahr al-ʹUlum said Iraq aimed to lift production to 3.5mn b/d within the next two years and on to 6mn b/d by 2011. Addressing delegates at the International Petroleum Technology Conference in Doha, the minister warned that development of the oil sector was intractably linked with po...
Volume: 48Issue: 48Published at Mon, 28 Nov 2005 -
Greenspan Sees Lower Energy Intensity As Global Economy Adjusts To High Oil Prices
...en through the 1990s had eroded noticeably over the past five years, making specific reference to long-dated oil futures, which in early August breached $60/B for WTI for 2011 delivery. He also pointed out that despite the highly profitable market environment for oil producers, the expected surge in...
Volume: 48Issue: 43Published at Mon, 24 Oct 2005 -
Yemen Expedites Exploration Activity As Decline In Oil Production Continues
...d plans to drill 20-40 wells annually. During 2005 Nexen plans to invest $70mn to drill at least 20 wells and test deeper horizons where there has been recent success. It has the right to produce oil in Masila until 2011 and to negotiate a five-year extension. Nexen also has a controlling (87.5%) st...
Volume: 48Issue: 41Published at Mon, 10 Oct 2005 -
NIORDC Aims To Raise Gasoline Production Capacity To 767,380 B/D By 2010
...owth, and with capacity expansion proceeding as planned, consumption would reach 607,600 b/d by end-March 2010 and 668,360 b/d by end-March 2011, so that the incremental capacity would take Iranian gasoline production back into surplus....
Volume: 48Issue: 38Published at Mon, 19 Sep 2005 -
Condensate Impacts On East Of Suez Crude And Naphtha
...tlook (‘000 B/D) Current Study 2002 Study 2001 2002 2003 2008 2013 2001 2006 2011 Mideast Gu...
Volume: 48Issue: 35Published at Mon, 29 Aug 2005 -
Future Of Sudan’s Oil Sector Remains Uncertain Despite Political Progress
...ar al-Bashir, ending the pre-interim period agreed in January’s peace deal, and beginning the six-year interim period which is intended to end in 2011 with a referendum in the south on self-determination. On 19 July, Dr Garang dissolved the administrative structures in the south ahead of the fo...
Volume: 48Issue: 31Published at Mon, 01 Aug 2005 -
Gulf States Invest In Green Petroleum Products
...erations in Qatar. Shell’s Pearl project aims to produce 70,000 b/d of clean GTL distillates by 2009, doubling in size later, while ExxonMobil has signed a preliminary accord for a plant to produce 154,000 b/d starting in 2011. GTL “is a technology for the future,” Alex Forbes, the editor of a sp...
Volume: 48Issue: 31Published at Mon, 01 Aug 2005 -
S&P Assigns Preliminary Ratings On Egyptian General Petroleum Export Notes
...be due in June 2011 while the class A-2 notes are expected to be due in June 2010. The weighted-average lives of the notes are expected to be 3.57 years for the A-1 notes, 2.79 years for the A-2 notes, and 3.57 years for the A-3 notes....
Volume: 48Issue: 28Published at Mon, 11 Jul 2005 -
Oman Signs Key Agreements For Mukhaizna Field EOR Project
...oject at the Mukhaizna field under which Shell’s stake in the field will drop from 34% to 17%, according to an ONA report (MEES, 9 May). As operator, Occidental Mukhaizna will utilize thermal EOR techniques to develop some 1bn barrels of Mukhaizna crude and achieve production of 150,000 b/d by 2011, ac...
Volume: 48Issue: 26Published at Mon, 27 Jun 2005 -
Sonelgaz Launches AD10Bn Bond Issue
...minal value of AD10,000 ($136.7) and minimum subscription is AD20,000 ($273.3) with no limit on maximum subscription. The bond’s principal amount will be fully amortized on 22 May 2011. The six-year tenor bond carries a step-up coupon rate of 3.50% during the first year, 3.75% during the second year, 4....
Volume: 48Issue: 22Published at Mon, 30 May 2005 -
Qatar Cautious On GTL Development Timings As EPC Costs Soar 40-50%
...d. An EPC is scheduled to be awarded in 2Q 2007 with commercial start-up set for 1Q 2011....
Volume: 48Issue: 21Published at Mon, 23 May 2005 -
ExxonMobil, QP Move Ahead On $2Bn Ras Laffan Petrochems Complex
...e plant coming on-stream in early 2011, he said....
Volume: 48Issue: 21Published at Mon, 23 May 2005 -
Qatar Delays Start Of Three Proposed GTL Projects
...gned 70,000 2009 140,000 ExxonMobil Heads Of Agreement 154,000 2011 154,000 QP/Sasol Chevron Statement Of Intent 130,000 De...
Volume: 48Issue: 18Published at Mon, 02 May 2005 -
Qatar’s Pearl GTL Development Agreement Expected 3Q 2005, EPC Contract 1H 2006
...Agreement 154,000 2011 154,000 QP/Sasol Chevron Statement Of Intent 130,000 2010 130,000 Marathon Statement Of Intent 60...
Volume: 48Issue: 02Published at Mon, 10 Jan 2005