- Sort by:
- Score
- Published ▼
-
RWE Sees Gas Supply Agreement With Turkmenistan In 1H10
...pacity booking will get under way during the first half of 2010. Half of the pipeline’s capacity will be reserved for third-party shippers. Partners are looking for Nabucco to become operational with initial shipments of gas from Iraq or Azerbaijan in 2014-15 (MEES, 30 November, 9 November, 12 Oc...
Volume: 52Issue: 50Published at Mon, 14 Dec 2009 -
Libya Delays Plans To Raise Production Capacity To 3Mn B/D Until 2017
...iro that gas production has recently doubled to over10 bcm/year from 5.4 bcm/y in 2005. Since 2007 NOC has signed a number of development agreements with partners to raise output from the development of existing oil fields, but many of these plans are not likely to be completed until 2014 at th...
Volume: 52Issue: 50Published at Mon, 14 Dec 2009 -
OMV Chief Says Nabucco Timetable “Very Ambitious”
...cision by late 2010 and a start to construction work in 2011 to allow gas deliveries via Turkey by 2014, “is very ambitions and to some extent out of our control.” OMV is leading the Nabucco project, but Mr Ruttenstorfer appeared keen to tone down recent optimism about the availability of gas from Az...
Volume: 52Issue: 49Published at Mon, 07 Dec 2009 -
Turkmenistan And Eni Sign Cooperation Agreement
...ose operating in Azerbaijan’s offshore section and that the gas be exported through Azerbaijan and Georgia to Turkey. The Nabucco Gas Pipeline project is scheduled to come into operation in 2014 with supplies of Azerbaijani and Iraqi natural gas, but Nabucco consortium members are keen to add Tu...
Volume: 52Issue: 48Published at Mon, 30 Nov 2009 -
Nabucco Claims To Be Most Economic Gas Route For Europe, Suppliers
...pex Start Project Owner (bcm/y) (km) (km) (km) (€Bn) Date Nabucco 25.5-31.0 3,300 + 690 = 3,990 8.0 2014 RWE/OMV/MOL/BEH/Botas/ Transgaz South St...
Volume: 52Issue: 48Published at Mon, 30 Nov 2009 -
GE Capital Issues Five-Year, $500Mn Sukuk
...rporate issuer of sukuk (Sharia compliant bonds). Proceeds are expected to be used for general corporate purposes. MEES learns that the settlement date was on 27 November; the GE sukuk will then mature on 26 November 2014. The transaction was priced at 175 bps over five-year Treasury yields for a re-of...
Volume: 52Issue: 48Published at Mon, 30 Nov 2009 -
Takreer Awards Ruwais Port Construction Contract To Korea’s GS
...port facilities at Ruwais, 250km west of Abu Dhabi. The port will handle crude oil and products. Earlier this month GS won a $3.1bn contract to build a residue fluid catalytic cracker for a new refinery at Ruwais. The plant is set to be completed by 2014, as part of the wider Ruwais Refinery Ex...
Volume: 52Issue: 48Published at Mon, 30 Nov 2009 -
Cyprus Seeks 20-Year Supply Of LNG
...wer generation. The contract will call for the shipment of LNG to the island by 2014, leaving a window for the shipment of small quantities before that. Meanwhile, plans are in place for the construction of a storage and regasification terminal at Vasilikos by 2014. The initiative is being handled by...
Volume: 52Issue: 46Published at Mon, 16 Nov 2009 -
Saudi Aramco Expands Petrochemicals Operations
...ceive benzene and paraxylene feedstock from the aromatics complex. A propylene unit will utilize ethylene and a mixed C4 stream, and will also supply the derivatives units. If the project gets final approval, construction should begin in 2011 with start‐up due late in 2014. Fujian involved ex...
Volume: 52Issue: 46Published at Mon, 16 Nov 2009 -
No Role For Iran In Nabucco, Says RWE
...d first gas is to be transported in 2014. RWE is the most recent member to join the Nabucco consortium. Other members are: OMV (Austria), MOL (Hungary), Transgaz (Romania), Bulgaria Energy Holding (Bulgaria) and Botas (Turkey – MEES, 2 November, 12 October)....
Volume: 52Issue: 45Published at Mon, 09 Nov 2009 -
Takreer Awards UAE Refinery Contract To Korea’s GS
...sidue fluid catalytic cracking unit at the UAE’s Ruwais refinery. The plant is expected to be completed by January 2014, GS said. The new plant’s construction is part of a larger initiative by Takreer, which handles ADNOC’s refining operations, to expand capacity at Ruwais for production of LPG, pr...
Volume: 52Issue: 45Published at Mon, 09 Nov 2009 -
NBK Signs $279mn Loan Agreement With KIPCO
...five years. The loan, which matures in 2014, precedes the $500mn seven-year international bond which KIPCO issued earlier this year. “This deal is consistent with our strategy of actively managing our funding base through extending maturities and diversifying our currency and investor mix. It is...
Volume: 52Issue: 44Published at Mon, 02 Nov 2009 -
Sonatrach Shortlists Firms For Tiaret And Algiers Refinery Projects
...ing on-stream in 2011, but which now looks unlikely to be completed before 2014 at the earliest. Sonatrach’s head of downstream 'Abd al-Hafid Feghouli told MEES in November last year that the company expected to see the project’s total costs reduced from $6bn to $5bn, due to the fall in co...
Volume: 52Issue: 43Published at Mon, 26 Oct 2009 -
GCC Refining Capacity Will Continue To Increase In The Medium Term, Says Moody’s
...rtially mitigated by the fact that many of these projects are likely to become operational after 2014, which is when, according to IEA forecasts, oil demand will have returned to 2008 levels. GCC Expected Additional Refining Capacity By 2015 Source: Moody’s estimates, BP, OPEC. Stable Outlook Fo...
Volume: 52Issue: 43Published at Mon, 26 Oct 2009 -
Laffan Condensate Refinery Starts Operations
...e plant foundation stone was laid in April 2006 (MEES, 24 April 2006). The refinery, which cost around $800mn to construct, was originally scheduled for start-up in the fourth quarter of 2008, but before it was even finished Qatar has said it planned to double its capacity by 2014 (MEES, 10 Se...
Volume: 52Issue: 40Published at Mon, 05 Oct 2009 -
Delek And Avner Oil Look To Cyprus Waters After Tamar Gas Discovery
...2012. But due to its location, in depths of more than 15,000ft in 5,500ft (1,677ms) of water, some observers believe that 2014-15 is the most likely start-up date (MEES, 22 June). Noble said a contract has been awarded to shoot 1,200 square miles of 3D seismic on its acreage in Israel in 2H09, an...
Volume: 52Issue: 39Published at Mon, 28 Sep 2009 -
ERC Targets Early 2010 Financial Close For Musturud Refinery Upgrade
...rtial exemptions will be granted to refineries which supply the local market. While the project will go ahead, the tax issue has yet to be fully clarified, MEES further understands. ERC suggests that the refinery upgrade/expansion will be completed by 2014 (MEES, 24 August). It was originally due on...
Volume: 52Issue: 37Published at Mon, 14 Sep 2009 -
Dubai Metro, Gulf’s First Train Network, Starts Up
...d first class carriages, and a wireless internet service on every train. The whole network will be completed in 2014 and plans call for it to span 318km eventually. The Dubai authorities anticipate 200mn passenger journeys per year. The railway took four years to build and cost $7.64bn – double th...
Volume: 52Issue: 37Published at Mon, 14 Sep 2009 -
QP Sees Oil And Gas Output At 5Mn BOED By 2014
...Middle East Economic Survey VOL. LII No 34 24-Aug-2009 QATAR QP Sees Oil And Gas Output At 5Mn BOED By 2014 Qatar Petroleum’s Director of Oil and Gas Projects, Sa'd al-Ka'bi, said the country’s total oil and gas capacity could reach 5mn b/d of oil equivalent (boed) by 2014 wh...
Volume: 52Issue: 34Published at Mon, 24 Aug 2009 -
Banks Lining Up For Riyadh IPP, After Rabigh IPP Closes Financing
...oposal to developers in June after 10 consortia had pre-qualified. The Riyadh plant is expected to start up in April 2013 and reach full capacity in April 2014. As a gas-fired operation, and located near the Kingdom’s expanding capital city, the plant is expected to attract strong interest from both de...
Volume: 52Issue: 33Published at Mon, 17 Aug 2009