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FACTS Says High Crude Prices Here To Stay
...expect it to rise again to $15-21/B through 2014 before dropping to around $17/B by 2020. Clearly, the wide differentials will result in higher refining margins. Many refineries will want to upgrade, but for both economic and technical reasons only a few will succeed.” Dr Lim predicts that Ch...
Volume: 48Issue: 43Published at Mon, 24 Oct 2005 -
CPC Partners Want Russia To Approve Pipeline Expansion
...iginal target date of 2014 (MEES, 18 October 2004, 17 January). During the last 18 months the CPC pipeline has pumped an average of 530,000 b/d. During the course of its operation since October 2001, it has earned for Russia $650mn in taxes and fees. However, before the Russian government will agree to...
Volume: 48Issue: 42Published at Mon, 17 Oct 2005 -
Petrofac Wins Hasdrubal FEED Contract From BG Tunisia
...a a newly constructed pipeline. The facilities will also produce separate liquid propane and butane products. BG Tunisia plans to invest $600mn in developing the offshore Hasdrubal field and a further $400mn to extend the production plateau of its Miskar operations to 2014....
Volume: 48Issue: 41Published at Mon, 10 Oct 2005 -
UAE’s Rafi Oil Signs PSA For Azerbaijan’s Onshore Surakhani Oilfield
...e project reaching $400mn. Rafi Oil said that it expected production at Surakhani to reach 5,000 b/d by 2014. During its 100 years of operation, some 2,500 wells have been drilled in Surakhani, which covers some 13 sq km and is located 14km northeast of Baku on the Absheron peninsula. The oi...
Volume: 48Issue: 35Published at Mon, 29 Aug 2005 -
Syrian Official Warns Against Continued Dependence On Oil Revenue
...Middle East Economic Survey VOL. XLVIII No 5 31-January-2005 SYRIA Syrian Official Warns Against Continued Dependence On Oil Revenue Syrian economic growth will start to decline as of 2014 if the country continues to depend on oil production which has been falling in recent ye...
Volume: 48Issue: 05Published at Mon, 31 Jan 2005