Путешествия по Европе Голосов: 2 Адрес блога: http://sempreprimo.blogspot.com/ Добавлен: 2008-08-17 13:20:58 блограйдером avanti

Dana Gas shows strong 2011 growth

2012-04-27 11:08:07 (читать в оригинале)

Dana Gas held its 2011 Annual General Meeting (AGM) on Thursday, chaired by the company's honorary Chairman Shaikh Ahmed bin Sultan Al Qasimi.

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BMI: United Arab Emirates Oil and Gas Report (Mar-12)

2012-04-27 10:45:00 (читать в оригинале)

BMI View: Enhanced oil recovery schemes and investment from both IOCs and NOCs underscore our bullish outlook for the UAE?s oil sector. The country will also retain its position as a key player in the region?s gas market, sustaining its role as a dual importer and exporter of natural gas. The opening of the ADCOP pipeline builds redundancy into the UAE?s oil export pipeline system, in the event of conflict affecting the Straits of Hormuz.We highlight the following trends and developments in the UAE?s oil and gas sector:- BMI sees proven oil reserves declining from 96.7bn barrels (bbl) in 2011 to just over 91bn bbl by 2016, with gas reserves also falling from 6trn cubic metres (tcm) to around 5.8tcm over the same period.- We see oil production rising to over 3.2mn barrels per day (b/d) by 2016 and nearly 3.5mn b/d by 2021, supported by re-development of mature fields, the deployment of enhanced oil recovery (EOR) and investment from IOCs and NOCs.- Gas production will get a big mid-decade boost from the start-up of the Shah sour gas project. By 2016, we see output of around 66bn cubic metres (bcm), rising to 74bcm by 2021.- The UAE will continue to export modest volumes of LNG while importing pipeline gas via Dolphin from Qatar. We have not factored a volume rise into either flow.- Liberalisation of fuel prices is unlikely in the short term, owing to the government largesse following political unrest across the Middle East and North Africa (MENA) region in 2011.Fuels distribution in the UAE will therefore remain a loss-making proposition. The UAE?s dependence on oil prices leads to high volatility in the country?s export revenues. Our assumptions of slower growth in China and uncertainty with regard to the eurozone debt crisis, clearly pose a threat to global oil demand. We assume OPEC basket oil prices of US$99.38/bbl in 2012, thus creating downside risk to the UAE?s macroeconomic outlook.

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Developer Tamouh expects 2014 completion of City of Lights

2012-04-27 10:20:59 (читать в оригинале)

Reem Island developer Tamouh will deliver its City of Lights project comprising 13 buildings including one commercial tower by 2014, a senior company executive said.

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LuLu opens Dh400m RAK Mall as store count reaches 100

2012-04-27 10:17:57 (читать в оригинале)

Abu Dhabi-based retailer LuLu opened the Dh400 million RAK Mall in Ras Al Khaimah along with its 100th LuLu hypermarket.

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Dh600m Dubai-RAK road link set for completion in early 2014

2012-04-27 10:15:44 (читать в оригинале)

A two-phase, Dh600 million project to connect the Dubai Bypass road to the Ras Al Khaimah Bypass, which is currently in the tendering process, is expected to be completed by the beginning of 2014.