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Sonatrach’s Refining Plans Show Signs Of Progress, Even As Timing Slips
...ded that he expected the EPC tender to be held in July or August of next year. Official reports published in July quoted the minister saying he expected the Tiaret refinery to be commissioned in 2014, representing a year’s slippage. One Step Forward, One Step Sideways There are signs of pr...
Volume: 51Issue: 47Published at Mon, 24 Nov 2008 -
Libya’s Oil Development Plans Gather Pace, IOCs Outline EOR Projects
...ha Sirte 350,000 600,000 2014 Verenex* Area 47 Ghadames n/a 50,000 2011 To...
Volume: 51Issue: 46Published at Mon, 17 Nov 2008 -
Greece Emerges As Major Gas Player With Participation In South Stream Pipeline
...e 10 bcm/y gas exports to Europe anticipated from Azerbaijan’s Shah Deniz field are not expected to reach the market until 2014 or later. At the same time StatoilHydro, which controls 25% of the Shah Deniz consortium, has announced that it will join EGL in the construction of the Trans-Adriatic Pi...
Volume: 51Issue: 33Published at Mon, 18 Aug 2008 -
Aramco, KPC Take $30Bn Downstream Investment Plunge
...vestment in new refineries down to 2014. Kuwait’s downstream arm KNPC on 11 May announced the award of construction contracts for al-Zour, which will become Kuwait’s fourth and the region’s largest refinery when completed in 2012-13. The contracts were awarded on a cost reimbursable basis, but KNPC ve...
Volume: 51Issue: 20Published at Mon, 19 May 2008 -
Algeria Pursues Gas Export Plans Ahead Of Production Hike
..., as part of its expansion and diversification strategy. As well as agreeing to supply 2bn cu ms/y to StatoilHydro for 15 years, Sonatrach has also booked 1bn cu ms/y of capacity at the terminal for itself, from 2009 to 2014. The company’s positions on the east side of the Atlantic centre on its pa...
Volume: 51Issue: 10Published at Mon, 10 Mar 2008 -
Yemen Accelerates Upstream Efforts As Oil Production Falls
...ock 51 and 275,000 b/d of water. Crude output is expected to fall to around 10,500 b/d by end-2008. “With the existing wells and the wells we are drilling in 2008, we have oil until 2014 at which date we will be producing around 3,500 b/d of oil,” Mr Lett said. The PSA on the Block expires in 20...
Volume: 51Issue: 08Published at Mon, 25 Feb 2008