taqa ebn ink gas storage contracts
Last Updated : GMT 15:30:33
Arab Today, arab today
Arab Today, arab today

Taqa, EBN ink gas storage contracts

Arab Today, arab today

Arab Today, arab today Taqa, EBN ink gas storage contracts

Dubai - Arabstoday

Taqa and Dutch company EBN yesterday said they signed their first three customers for a major gas storage facility they are building in the Netherlands, in contracts worth up to $1 billion (Dh3 billion). Statoil, Vattenfall Energy Trading Netherlands, and a third European energy company signed long-term contracts of between four and 10 years, starting April 2015, Taqa said in a statement. The three contracts, based on an annual summer-winter gas trading price spread, are worth between $500 million and $1 billion, Taqa spokesperson Allan Virtanen said. The Bergermeer Gas Storage facility will be Europe\'s largest open-access gas storage facility, and is planned to become operational in 2014. It will double the Netherlands\' total seasonal gas storage capacity, according to Taqa. Apicorp Saudi Arabia-based Arab Petroleum Investments, or Apicorp, yesterday said it has arranged the first tranche of financing, worth $61 million, for the construction of an oil terminal in the UAE. Apicorp, a multilateral development bank owned by the 10-member Organisation of Arab Petroleum Exporting Countries, was mandated as the sole arranger of the loan by Socar Aurora Fujairah Terminal, or Saft, which is building an oil terminal in Fujairah. It said the total size of the two-tranche loan will be $110 million. Saft is a joint venture between Socar Trading, the international marketing, trading and development arm of the State Oil of Azerbaijan; Aurora Progress, a Swiss-based commodity trading house and the government of Fujairah. Etihad Atheeb Telecom Article continues below Saudi Arabia\'s Etihad Atheeb Telecom has received regulatory approval to launch a 1.175 billion riyal (Dh1.1 billion) capital increase, paving the way for the loss-making firm to resume trading on the kingdom\'s bourse. Atheeb, 15 per cent owned by Bahrain Telecommunications, will issue the 117.5 million shares at a nominal value of 10 riyals per share to raise its capital to 1.575 billion riyals, the operator said in a statement to Reuters. Atheeb, which operates under the brand name GO and was awarded a fixed line licence in 2009, will hold an extraordinary shareholder meeting to decide at what price to sell the new shares, with the rights issue restricted to existing shareholders. Commercial International Bank Egypt\'s central bank has approved the appointment of Hesham Ramez as vice chairman and managing director at Commercial International Bank, the Cairo-based bank said in a regulatory filing yesterday. Ramez, who will start his new appointment today, was previously the Egyptian central bank deputy governor. Orascom Construction Orascom Construction Industries, or OCI, Egypt\'s biggest publicly traded builder, has won a development contract for the $93 million Village Garden Katameya project in east Cairo. The contract was awarded to OCI by Palm Hills Development, which is developing the project jointly with UAE-based Burooj Properties, the real-estate investment arm of Abu Dhabi Islamic Bank, Burooj said in a statement. The project is due to be completed in 2014. The mixed-use development, which spans 284,796 square metres, includes standalone villas, town houses and apartments as well as green spaces, according to the statement. Kuwait National Petroleum Kuwait National Petroleum Company (KNPC) is planning to partially shut its Mina Al Ahmadi refinery in January for planned maintenance, industry sources said yesterday. One of the sources based in the Middle East said that two crude distillation units (CDU) with a combined capacity of about 250,000 barrels per day will be shut for about 20-35 days for maintenance. A source at the KPNC confirmed the shutdown will take place in January but declined to say the duration or which units will be affected. KNPC last shut a CDU at Mina Al Ahmadi in mid-September for a month due to maintenance. The total capacity of the three CDUs in Mina Al Ahmadi is 466,000 barrels per day (bpd), making it Kuwait\'s largest refinery.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

taqa ebn ink gas storage contracts taqa ebn ink gas storage contracts

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

taqa ebn ink gas storage contracts taqa ebn ink gas storage contracts

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Visit Jamaica for more than just sun

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today UN warns of conflict in Gaza

GMT 08:39 2017 Tuesday ,21 November

UN warns of conflict in Gaza
Arab Today, arab today Missouri problem mirrors woes

GMT 06:46 2017 Tuesday ,21 November

Missouri problem mirrors woes
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Fedra happy for “Between Two Worlds” success

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 00:54 2017 Monday ,20 November

Mideast in danger as London explores

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday