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CPC Says Capacity Expansion Complete By 2008
...zakh city of Almaty on 7 October during the annual KIOGE oil and gas conference. CPC General Director Ian MacDonald told the gathering that originally the pipeline had been planned to be completed in 2014, but that “volume forecasts for the next five years require individual expansion stages to be co...
Volume: 47Issue: 42Published at Mon, 18 Oct 2004 -
UN Security Council Threatens Oil Sanctions On Sudan
...8 36 207 401 2014 152 34 195 382 2015 146 33 190 370 2016 140 32 18...
Volume: 47Issue: 39Published at Mon, 27 Sep 2004 -
CPC Pipeline Shipping Over 500,000 B/D, Says Consortium
...orage tanks and a third offshore mooring facility. The expansion program had originally been envisaged as being completed in 2014, but officials are beginning to suggest that the plan could be finished by 2008. Moscow has occasionally grumbled about declaring the pipeline a national monopoly be...
Volume: 47Issue: 38Published at Mon, 20 Sep 2004 -
The High Capital Cost Of Incremental Saudi Crude Capacity
...port said. “To justify this incremental investment and to generate a rate of return 15% or above, Saudi will require oil prices of at least $16/B on a stand alone basis or $29/B real if the incremental cash flow from the new fields were used out to 2014, when production would fall back to current le...
Volume: 47Issue: 32Published at Mon, 09 Aug 2004 -
Qatar And Iran Outline GTL Plans At London Conference
...r 2014 was 731,000 b/d of GTL products plus base oils. The plants would be sited at Ras Laffan, where there would be synergy from shared utilities. QP was said to be close to completing negotiations with an international company to build a central oxygen plant at the complex. Other synergies wo...
Volume: 47Issue: 21Published at Mon, 24 May 2004 -
Engineering Consultancy Awarded For Merowe Hydro Project
...der consideration could bring an additional 763mw of generating capacity online in the period to 2010 (see tables). According to government figures, power demand expressed in tons of oil equivalent (toe) is expected to rise to 342toe in 2002, 442toe in 2005, 794toe in 2010 and 1,309toe in 2014. Su...
Volume: 45Issue: 22Published at Mon, 03 Jun 2002 -
Existing Caspian Discoveries Could Produce 2.8-3.8Mn B/D By 2015, Says Wood Mackenzie
...to consideration, the overall Caspian profile has a risked peak production of 2.8mn b/d in 2014 compared with 4mn b/d in the unrisked case. “The significant difference between the unrisked and risk profiles represents the loss due to exploration failure or delays as a result of technical or market-re...
Volume: 45Issue: 19Published at Mon, 13 May 2002 -
Importing Water From Iran Would Lead To Higher Consumer Prices, Parliament Hears
...quirements in 2001 totaled 266mn gallons/day, and are expected to rise to 477mn g/d in 2014, 587mn g/d in 2021, and 645mn g/d in 2025. The project to import water from Iran has been proposed by a UK-registered consortium, Gulf Utilities, comprised of Kuwait’s Gulf Water Company and Energy Investment Co...
Volume: 45Issue: 08Published at Mon, 25 Feb 2002 -
Caspian Oil And Gas Production Steady Through 1H 2001
...urces. Prior to the opening of the CPC pipeline, TCO had developed an export system using railcars and barges to Baltic, Central European and Black Sea destinations (MEES, 2 April).The CPC will have an initial capacity of 560,000 b/d, which is expected to increase to 1.36mn b/d by 2014 (MEES, 3 Se...
Volume: 44Issue: 39Published at Mon, 24 Sep 2001 -
Official Opening For CPC Pipeline Set For Late September
...creased to 1.36mn b/d by 2014 in order to accommodate TCO’s targeted output of 700,000 b/d from the Tengiz field, plus that of other regional producers. Equity interest in CPC is allocated as follows: Russian Federation (24%), Republic of Kazakstan (19%), Sultanate of Oman (7%), Chevron Caspian Pi...
Volume: 44Issue: 36Published at Mon, 03 Sep 2001 -
CPC Defends Pipeline Project Against Transneft Charges
...troduce a special tax regime or special customs regime for the CPC." The CPC began filling the 1,580km pipeline in March (MEES, 2 April). Initially the pipeline will carry 560,000 b/d (28mn t/y), which is expected to increase to 1.36mn b/d (67mn t/y) by 2014. The pipeline was originally scheduled to make it...
Volume: 44Issue: 24Published at Mon, 11 Jun 2001 -
CPC Begins Filling Pipeline With Tengiz Crude
...due to be loaded at CPC’s new marine terminal near Russia’s Black Sea port of Novorossysk on 30 June. CPC’s schedule calls for the pipeline to come into full operation on 30 October with an initial transport capacity of 560,000 b/d (28mn tons/year). By 2014 the pipeline’s capacity will be ex...
Volume: 44Issue: 14Published at Mon, 02 Apr 2001 -
AIOC Delays MEP Route Decision; Turkey And US Labor For Baku-Ceyhan
...a port of Novorossysk. The CPC pipeline will cost some $2.3bn and have an initial capacity of 560,000 b/d, rising to 1.34mn b/d by 2014, when Tengizchevroil production is targeted for around 700,000 b/d (MEES, 19 October). TCO hopes to boost its production in Tengiz to 260,000 b/d sometime during 20...
Volume: 41Issue: 44Published at Mon, 02 Nov 1998 -
RasGas On Track To Begin First LNG Exports In May 1999
...rgoes from Indonesia in 1998. It has agreed to make up two of these cargoes in 1999 and two in 2000 while the remaining four cargoes are to be lifted in 2014. In addition to the eight cargoes which have been deferred under existing downward flexibility provisions, KOGAS and Pertamina have ne...
Volume: 41Issue: 18Published at Mon, 04 May 1998 -
Foreign Partners Fill The Gap As Buyers Shun Floor Prices In Mideast LNG Sales Contracts
...09 or below $1.65/mn BTU from 2010 through 2014. Despite these price triggers, however, Mobil will only advance funds under the fall-back arrangement if the venture's cash flows are not sufficient to meet RasGas' debt service obligations. Both figures are in 1996 dollars and remain constant over the ti...
Volume: 40Issue: 15Published at Mon, 14 Apr 1997