Tag Archives: Development

Copper mining earns Zambia more than 70% of its foreign exchange.

The fund is expected to raise $100 billion a year by 2020. with developed nations to make the most contributions.

The company moved about 80 percent of the crude it pumps from its 44.000-45.000 barrels per day field through the swap deal.

This is a key milestone on the path to a final investment decision for our initial two-train LNG project.

The project’s first phase includes initial production of NGLs. including condensate and LPG. Dry gas will be exported during the second phase of the project.

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.

The project. worth 12 billion yen. will be through a sector soft loan from Japan'.s Official Development Assistance (ODA) that will be paid over 40 years. including a 10-year grace period.

The complex is in line with the kingdom’s economic diversification objectives.

Driven by digitalization. speed in technology development is rapidly gaining momentum in the power generation arena

CNOOC has a 25 interest in the steam injection scheme. which aims to produce 20.000 barrels a day by late 2018.