- Sort by:
- Score
- Published ▼
-
Shuweihat S3 Power Deal Suggests Dip In Financing Costs
...e issue. It will build four nuclear reactors costing around $20bn, but the first will not come on line until 2017, when power demand is forecast to hit 21.075gw. However, a UAE power expert said that before the nuclear plants start up, Abu Dhabi will still need to increase conventional power pr...
Volume: 53Issue: 51Published at Mon, 20 Dec 2010 -
Qatar Delays Barzan Project Due To Domestic Gas Supply Surplus
...Middle East Economic Survey VOL. LIII No 50 13-Dec-2010 QATAR Qatar Delays Barzan Project Due To Domestic Gas Supply Surplus Qatar delays Barzan – it has a gas surplus up to 2017 and do...
Volume: 53Issue: 50Published at Mon, 13 Dec 2010 -
Future Global Need For The Increase In Iraq’s Oil Production
...low, Iraq has signed a number of contracts with major oil companies with a view to increasing its oil production from 2.5mn b/d to around 12mn b/d in 2017. Iraqi Upstream Awards Area Winning Consortium Remuneration Fee ($Bn...
Volume: 53Issue: 50Published at Mon, 13 Dec 2010 -
BSF Says Saudi State Expenditure Increasing Breakeven Oil Price
...vernment spending, the breakeven price of oil could rise to $98/B by 2017,” the report asserts. Saudi Breakeven Oil Price Rises Rapidly Source: SAMA, Banque Saudi Fransi forecasts. Nominal GDP figures released by the government for 1H10, meanwhile, have indicated strong growth in the non-oil pr...
Volume: 53Issue: 49Published at Mon, 06 Dec 2010 -
Union Railway Awards Consultancy And Preliminary Engineering Contracts
...ance’s Systra has won the project management consultancy contract for the UAE’s $11bn Union Railway project. The initiative, which is due for completion in 2017, will see the emirates linked by 1,500km of freight and passenger rail networks. It will form an integral part of the planned pan-Arab Union Ra...
Volume: 53Issue: 49Published at Mon, 06 Dec 2010 -
Iraq’s Oil Expansion And Market Stability
...re to produce a massive 9mn b/d capacity increment – bearing in mind the Iraqi oil ministry’s recent avowal of a target of around 12mn b/d by 2017. This presupposes that other OPEC members would be forced to minimize their own production quotas drastically enough to allow Iraq this immoderate ou...
Volume: 53Issue: 49Published at Mon, 06 Dec 2010 -
Iraq And The Security Of Energy Supplies For Europe
...d-2009 to a plateau of about 11.7mn b/d sustainable for the six consecutive years of 2017-22 and generating a substantive influx (trillions of dollars) of oil export revenues for a duration of 20 years. There will also be 820mn cfd from the three gas fields mentioned above and significant associated gas, es...
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
Baghdad Initials Mansouriya And Siba Gas Deals
...rgeted 12mn b/d-plus production capacity by 2017 is a tall order and quite possibly unwanted given the potential negative impact such a tsunami of incremental production could have on outright prices. The infrastructure challenge is prompting outside observers to completely dismiss Iraqi official ta...
Volume: 53Issue: 47Published at Tue, 23 Nov 2010 -
Socar Sees Shah Deniz 2 Gas Agreements By Mid-2011
...ose maximum production capacity is estimated to reach 16 bcm/y by 2018-19. Early gas is expected to start flowing by late 2016 or early 2017, he noted. On 14 November, Socar’s Vice-President for International Affairs Elshad Nassirov, who is leading the company’s negotiating team with Botas and th...
Volume: 53Issue: 47Published at Tue, 23 Nov 2010 -
OPEC Sees Future Riven With Uncertainty Despite Tentative Economic Recovery
...a genuine world power in global oil markets. Iraq has plans to catapult its capacity from around 2.5mn b/d to over 12mn b/d by 2017. While few believe anything like such a surge is feasible in that time frame, there is a genuine prospect that Iraq could certainly upset inter-OPEC power dynamics an...
Volume: 53Issue: 45Published at Mon, 08 Nov 2010 -
Sanctions Slow Iran’s Condensate Export Growth
...scounted price to Iran.” Iran Base-Case Condensate Supply Outlook (‘000 B/D) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Current Pr...
Volume: 53Issue: 44Published at Mon, 01 Nov 2010 -
Saudi Cabinet Approves Plans For Russia Nuclear Pact
...rm Atomstroyexport is currently in the second bidding round for the contract to build Jordan’s first nuclear reactor – planned for 2017 – using its AES-92 VVER-1000 technology. An early agreement with Saudi Arabia could see Russian reactor models get more weighted consideration from the au...
Volume: 53Issue: 44Published at Mon, 01 Nov 2010 -
Chevron Eyes 2017 Start-Up For $15-20Bn Steam Flood Project
...Middle East Economic Survey VOL. LIII No 43 25-Oct-2010 SAUDI ARABIA Chevron Eyes 2017 Start-Up For $15-20Bn Steam Flood Project Chevron is pushing ahead with its pioneering large sc...
Volume: 53Issue: 43Published at Mon, 25 Oct 2010 -
Turkey Waives Right To Export Azerbaijani Gas
...ril 2008, until when the price was $120/1,000 cu ms (MEES, 21 June). The readjusted price has created a debt for Turkey estimated at around $1bn. As of 2010, Turkey will be receiving 6.6 bcm/year from Shah Deniz Stage 1. When Shah Deniz Stage 2 production comes on stream in 2017, Turkey will be re...
Volume: 53Issue: 43Published at Mon, 25 Oct 2010 -
Shah Deniz 2 Stage Two Will Not Supply Gas Till 2017
...Middle East Economic Survey VOL. LIII No 42 18-Oct-2010 CASPIAN Shah Deniz 2 Stage Two Will Not Supply Gas Till 2017 Tender documents issued recently by shareholders of the joint ve...
Volume: 53Issue: 42Published at Mon, 18 Oct 2010 -
Japan Promises Financial Assistance To Jordan’s Nuclear Drive
...e project’s safety, a Japanese Foreign Ministry statement noted. Jordan aims to start operations at its first nuclear power plant by as early as 2017, with a site close to Aqaba already having been selected by authorities. A Japanese-French consortium made up of Mitsubishi and Areva is currently in...
Volume: 53Issue: 42Published at Mon, 18 Oct 2010 -
MENA Energy Investment Outlook: Recovery Despite Uncertainty
...pected before 2017. 2. In a move to cut project costs, some project sponsors within the MENA region have had to rethink their contracting strategies, combining LSTK with Open Book Reimbursable Contracts (OBRC) through conversion agreements. 3. This has been developed in: A Aissaoui, ‘Powering the Ar...
Volume: 53Issue: 40Published at Thu, 14 Oct 2010 -
Region Needs $70Bn Investment Over 10 Years To Avoid Power Crisis
...ate-owned oil firm ADNOC is unable supply enough gas. Abu Dhabi Water and Electricity Authority (ADWEA) has 10.11gw power capacity, which will rise to 12.222gw by year end, MEES understands. It needs to build at least a further 10gw of generating capacity by 2017. The expansion would require 1.186bn cf...
Volume: 53Issue: 39Published at Mon, 27 Sep 2010 -
Credit Suisse Appointed Financial Advisor For UAE Nuclear Program
...irates Nuclear Energy Corporation (ENEC) as the UAE proceeds to develop nuclear power generation capacity over the next 10 years. The bank is expected to focus primarily on project risk assessment. The UAE’s first 1.4gw nuclear reactor is set to become operational by 2017, with three others targeted for co...
Volume: 53Issue: 39Published at Mon, 27 Sep 2010 -
Jordan-Japan Nuclear Agreement Speeds Up Reactor Bidding Process
...th Japan, a development which helps pave the way for the planned construction of a commercial nuclear reactor as early as 2017. “Jordan is keen to benefit from Japan’s longstanding expertise in nuclear technology,” said Jordan Atomic Energy Commission (JAEC) Chairman Khalid Tuqan, one of the si...
Volume: 53Issue: 38Published at Mon, 20 Sep 2010