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What Does 2016 Hold For The Eastern Mediterranean?
...velopment plan for Zohr while UK-firm BP will be preparing for the 2017 start-up of its $12bn, 5 tcf West Nile Delta (WND) project, which will start paving the way for Egypt to become energy independent by the turn of the decade. Cyprus and Israel hope Zohr and by association, Eni’s exploration model of ta...
Volume: 58Issue: 52Published at Wed, 23 Dec 2015 -
Leviathan: Stranded Between Low Prices And Anti-Netanyahu Backlash?
...te 2017,” Mr Davidson said (MEES, 2 May 2014). Mr Fisher now says the “timeframe from sanction to production” will be “anywhere from three to four years” – that is to say early next decade at best. Currently Tamar is Israel’s only producer with first phase capacity of 1.2bn cfd – production hit a re...
Volume: 58Issue: 51Published at Fri, 18 Dec 2015 -
Bahrain LNG Plans
...er 9% up on 2014 and not far short of total capacity of 4GW. All Bahrain’s power plants burn gas. Earlier this year Bahrain announced a plan to add 1.5GW of generating capacity from 2017 at the Al Dur power and desalination plant. This week aluminum producer Alba also announced a plan to build a 1.35GW pl...
Volume: 58Issue: 50Published at Fri, 11 Dec 2015 -
A New Vision: Kurdistan, A Major Gas Province?
...itial 4 bcm/year of natural gas to Turkey from 2017, rising to 10 bcm/year by 2020 and with the option of increasing to 20 bcm/year thereafter (MEES, 11 April 2014). However, Mr Hawrami acknowledged that the KRG’s financial strains mean that the timeline would likely “slip by six to twelve months, to 2019 pe...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Qatar Out To Woo LNG Customers In Face Of Increased Competition
...cording to analysts from Energy Aspects. The London-based group expects Japanese LNG imports to fall by 2.7mn tons in 2015, mostly due to milder weather, before falling by another 1.1mn tons in 2016 and by 1.9mn tons in 2017. INDIA… POLAND… Meanwhile, India has been taking less contracted LNG from Qa...
Volume: 58Issue: 44Published at Fri, 30 Oct 2015 -
Egypt: Zohr Mega-Find Spurs Regional Gas Hub Ambitions
...ill three appraisal wells by the end of 2016, which, presuming they are successful, will then become production wells enabling first phase output of 700mn cfd from late 2017 or early 2018. Output would then ramp up to 2.7bn cfd by the second phase, with an expected life-span of 20 years. During th...
Volume: 58Issue: 43Published at Fri, 23 Oct 2015 -
Bapco, Aramco Award Pipeline Contracts
...CC). At the contract signing ceremony, Bahrain’s Minister of Energy ‘Abd al-Husain ‘Ali Mirza said that the pipeline “will be finished by the end of 2017 or early 2018 and then there will be a six-month trial period.” He added that the ageing 230,000 b/d pipeline that it is replacing would be shut down in...
Volume: 58Issue: 39Published at Fri, 25 Sep 2015 -
Cyprus And Israel Gas Going Nowhere… For Now At Least
...pointed PM – see p15) that he expects Egypt to receive Cypriot gas by 2017 (MEES, 11 September). Cairo has also been involved in the discussions between the partners in Israel’s 22tcf offshore Leviathan gas field (Noble 39.66%, Delek 45.34%, Ratio 15%) and BG, regarding the import of gas to the LNG te...
Volume: 58Issue: 38Published at Fri, 18 Sep 2015 -
EU-Algiers Political Efforts Out Of Touch With Market Realities
...cording to the IEA’s estimates, way below Sonatrach’s claims that the country can export 65 bcm/year by 2017 (MEES, 5 June). THE LNG FACTOR The IEA expects gas demand from its European members (most EU countries, plus Norway, Switzerland and Turkey) to edge up to an annual 500 bcm by 2020, up 18 bc...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
Jordan Enjoys Cheap LNG Prices, But For How Long?
...ne). Vitol’s cargo is scheduled to arrive in mid-August and should be followed by more deliveries: Nepco has expressed an interest in an extra short-term deal of 18 cargoes per year for 2016 and 2017. Golar Eskimo, Jordan’s first LNG import facility, will be moored at Aqaba for 10 years under a de...
Volume: 58Issue: 28Published at Fri, 10 Jul 2015 -
Iraqi Oil Exports Set New Record In June; Southern Volumes Top 3Mn B/D
...thin a month and ultimately reach its plateau target of 1.2mn b/d early in the next decade, slightly behind the original timeline. Also expected to rise is production from Gazprom’s Badra oil field after initial delays. Operator Gazprom Neft says output is expected to rise to 170,000 b/d by 2017. The co...
Volume: 58Issue: 27Published at Fri, 03 Jul 2015 -
Cyprus Shuts Gas Tender
...s. The tender seeks gas volumes rising from 19.5-30.4 trillion BTU in the first year to 25-43 trillion BTU by 2025. First gas is to be delivered between 1 January 2016 and 30 June 2017, with DEFA thought to favor bids that stipulate an earlier start date (MEES, 18 April 2014). MEES understands th...
Volume: 58Issue: 26Published at Fri, 26 Jun 2015 -
Iraq To Revise Pipeline Route To Jordan
...aborne imports. The Anbar instability has obviously delayed the project. Under the original plans, first oil through the pipeline was expected by the end of 2017 or early 2018. The original plans divided the project into two parts, a 2.25mn b/d BOOT contract and a 1mn b/d section from Haditha to Aq...
Volume: 58Issue: 25Published at Fri, 19 Jun 2015 -
LNG Market Faces Considerable Demand Upside Amid Low Prices
...pected to hit the market by 2017, adding to global current capacity of 301mn tons. Extra volumes are expected to come from the US, East Africa, Russia and Southeast Asia (see graph). However, lower oil prices are jeopardizing the economic viability of some proposed projects, which could result in ca...
Volume: 58Issue: 24Published at Fri, 12 Jun 2015 -
Jordan To Receive First LNG Cargo On 25 May
...0,000 m³. NEPCO is expected to import additional LNG volumes from alternative sources on the market. Jordan is understood to be looking for extra cargoes this summer, up to 3 between August and September. Beyond that, it is eying a short-term deal of 18 cargoes per year in 2016 and 2017. With si...
Volume: 58Issue: 21Published at Fri, 22 May 2015 -
Morocco’s $4.6bn LNG Scheme Continues To Drum Up Interest
...edstock. According to the roadmap, it will take 48 months to build the planned LNG regasification terminal (starting from October 2017), 36 months for the jetty and 36 months for new CCGTs. The roadmap does not say which plants will be included in the 2.7GW target. The ONEE, the national office for el...
Volume: 58Issue: 20Published at Fri, 15 May 2015 -
His Mission Accomplished, Qatar’s Attiyah Bows Out
...e PSA with Maersk is set to expire in 2017. US firm Occidental Petroleum, has stabilized production at the 100,000 b/d Idd al-Shargi offshore field through extensive horizontal drilling and waterflooding. It is now waiting for the green light from QP to proceed with fifth phase development af...
Volume: 58Issue: 12Published at Fri, 20 Mar 2015 -
Sonatrach And Gazprom Revive LNG Supply Talks
...LNG cargoes (see below) – it so far has only one LNG production facility, at Sakhalin north of Japan, though a second at Yamal in the Russian Arctic is slated for 2017-18 start-up (MEES, 13 February). The latest deal would likely consist in a short- to medium-term agreement for deliveries on th...
Volume: 58Issue: 09Published at Fri, 27 Feb 2015 -
Oman Ramps Up Scope Of Sohar Plans
...d Korea’s LG (30%), plans to develop the complex in two phases. The PTA plant will have capacity to produce 1.1mn tons/year, while the PET plant will comprise two 250,000 t/y units, the first of which is due for completion in late 2017. FEEDSTOCK LINKS The PTA unit will process pa...
Volume: 58Issue: 08Published at Fri, 20 Feb 2015 -
Total Takes The Long-Term View On Global Lng Markets
...the political and military crisis between Ukraine and Russia – we hope that this geopolitical context will change sooner rather than later. We are still hoping for a start-up in 2017-18. We have already incorporated Yamal LNG output in our portfolio, and we are expecting good news from the US on...
Volume: 58Issue: 07Published at Fri, 13 Feb 2015