New base energy news issue 924 dated 07 september 2016

Copyright © 2015 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,

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NewBase Energy News 07 September 2016 - Issue No. 924 Edited & Produced by: Khaled Al Awadi

NewBase For discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE

Oman: Orpi plans strategic fuel reserve at Al Jifnain in Oman Supply security: Orpic Logistics is studying the construction of 1,000,000 m³ of additional storage capacity Oman Observer -Conrad Prabhu –

Orpic, the Sultanate’s refining and petrochemicals flagship, plans to develop its high-tech fuel storage and distribution terminal at Al Jifnain on the outskirts of Muscat Governorate, into a national strategic reserve in the next phase of its expansion.

According to a high-level executive of Orpic Logistics, the joint venture set up by Orpic with Spanish fuel logistics specialist Compañía Logística de Hidrocarburos (CLH), the move is key to ensuring security of fuel supply across the nation.

The state-of-the-art terminal is the centerpiece of Orpic’s USD 320 million Muscat-Sohar Product Pipeline (MSPP) project designed to support the establishment of modern fuel storage and distribution infrastructure in the Sultanate. Currently under construction with a capacity to

hold 172,000 m³ of refined products, the new terminal will increase the storage capacity of fuels by 70 per cent — a step that will also provide alternatives for securing fuel supply to the population in the event of a disruption.

Significantly, additional storage capacity is envisioned in the next phase of the project’s development, said Andre Suarez (pictured), General Manager — Orpic Logistics.

“As a second phase, Orpic Logistics is studying the construction of 1,000,000 m³ of additional storage capacity at Al Jifnain for starting the development of national strategic reserves. This volume is equivalent to more than 30 days of oil products consumption and would further increase the security of supply to the population,” he stated.

According to the executive, the MSPP project represents Orpic’s response to the strategic objectives set by the government for developing oil products logistics activities in the Sultanate.

One such objective is to build additional facilities to meet the rapidly growing demand for fuels. In the last 10 years, fuel demand has grown at rates above 10 per cent per annum. Despite low




crude oil prices and the increase in the prices of refined products in Oman since January 2016, it is expected that this level of growth will be maintained in the coming years, the General Manager said.

Furthermore, the MSPP and Al Jifnain Terminal are designed to facilitate the distribution of additional production available once the Sohar Refinery Improvement Project (SRIP) enters into commercial operation later this year. The new 18” pipeline between Sohar Refinery and Al Jifnain Terminal will ease the distribution of oil products along the North coast, which accounts for over 50 per cent of total domestic demand, Suarez said.

Yet another objective of the project is to increase safety on roads in the capital area. The terminals located in Mina Al Fahal (Muscat) supply over 65 per cent of the country’s demand for oil products. Once MSPP is completed most of these supplies will be shifted to Al Jifnain Terminal, reducing the heavy tanker traffic in the capital area, he stated.

“The new terminal will be equipped with 16 loading bays with capacity to load more than 600/700 trucks per day with products to be transported across petrol stations.

It also needs to be highlighted that the new terminal will be supplied by two multiproduct and bidirectional pipelines connected to Orpic’s Sohar and Muscat Refineries, which are the safest and most efficient transport media for oil products for medium distances,” Suarez explained.

Importantly, the MSPP project will also support the expansion of Muscat International Airport. The MSPP pipelines will directly connect Al Jifnain Terminal with the new storage depot at Muscat Airport, meaning that jet fuel will be pumped directly from Al Jifnain without requiring tanker trucks and increasing the safety of jet fuel supply to the airport, Suarez added.




Oman: Masirah Oil's Block 50 Oman licence extended by three years - seeking to farm out ..Source: Rex International Holding

Rex International Holding reports that the Omani Ministry of Oil & Gas ('MOG') has extended the Exploration and Production Sharing Agreement (EPSA) for Block 50 Oman, operated by its subsidiaryMasirah Oil, for another three years from the end of the current phase to March 2020. Plans are now being finalised to drill another exploration well in Block 50 scheduled for early 2017. This will be the first well using the new multi-attribute version of RVD, which now enables the Company to be independent from traditional geological inputs on porosity and permeability. More information on the new multi-attribute version of RVD will be shared in due course. The Manarah-1 well drilled in the first quarter of 2016 confirmed the presence of a source rock and a working petroleum system in the 17,000 sq km Block 50 concession. The well results were considered another milestone towards establishing value creation in the concession, following the Group’s oil discovery (a first in offshore Oman) in the GA South well in 2014.

The Company is actively pursuing a farm-out campaign with the aim to attract partners to the concession. The current direct interest held by the Group in Masirah Oil of 76.95% is above the recommended level in its investment policy. The Company will update shareholders if and when there are any material developments on the aforementioned.

Investigations are also underway for a revised, lower service-cost extended well testing and early production system to be used in Block 50. The Group expects successful investments in Oman to generate positive cash flow even at prevailing oil prices of around US$40.




Saudi's ADC said to weigh bid for land rig operator Dalma By Reuters

Saudi Arabia's Arabian Drilling Company (ADC) is considering bidding for Dalma Energy, sources told Reuters, in a deal which could value the land rig operator at more than $500 million.

US investment bank Goldman Sachs had been hired to arrange the sale of Dalma, which is owned by a consortium of investors through Saudi-based Al Qahtani Investments, two of the sources said on Tuesday.

ADC is interested in Dalma's assets including those in Saudi Arabia, Oman and Algeria, a third source said, adding that talks began about three or four months ago and the potential transaction is in the due diligence stage.

A deal is expected to be completed by the end of October, the third source added.The first source said the transaction could value Dalma at more than $500 million. Dalma Energy owns and operates 31 land rigs throughout the Gulf, Asia and Africa, according to its website, and lists a range of clients including BP, Saudi Aramco and DNO Oman.

ADC is a joint venture company 51 percent owned by Saudi-based Industrialization & Energy Services Co (TAQA). The rest is controlled by oilfield services provider Schlumberger . Dalma Energy did not respond to emails seeking comment, and TAQA was not immediately reachable for comment. In an emailed statement to Reuters, Schlumberger said it did not discuss mergers and acquisitions. Goldman Sachs declined to comment.

International oil companies have slashed spending and investment in the last two years due to the slump in oil prices, the impact of which has been felt throughout the energy sector.

Gulf-based rig contractors and oilfield service companies have been forced to accept often-steep cuts to their contracts with oil explorers, although activity has remained higher than in other parts of the world as Gulf producers - in particular Saudi Arabia - maintain production levels to keep market share.

Dalma was ranked the third-largest owner of land rigs in the Middle East and North Africa region, according to a statement published by one of its bank lenders when announcing a $313 million loan for the company in 2015.




Bahrain: Russia considers LNG supplies to Bahrain Reuters

Russia and Bahrain agreed to expand cooperation in liquefied natural gas (LNG) on Tuesday, with Moscow considering LNG supplies to the kingdom.

The memorandum of understanding was signed by Russia's Gazprom and Bahrain's National Oil and Gas Authority (Noga holding) when Russia's President Vladimir Putin met Bahrain's King Hamad bin Isa al-Khalifa in Moscow.

"Co-operation in the energy sector is of mutual interest," documents prepared ahead of the meeting and seen by Reuters showed.

Russian state firm Rosgeologiya (RusGeology) and Noga have also signed a memorandum to strengthen their partnership

in oil and gas exploration. "The five-year program for geological exploration offshore of Bahrain starting from 2017 has been prepared," the documents said.

They did not provide further detail on the projects.

Gazprom is currently developing its LNG sales and transportation and plans to increase its own production. It supplies LNG to more than 10 countries including China, India, Britain and the United Arab Emirates.




ChemChina rolls over $43bn Syngenta offer AFP/Zurich

State-owned China National Chemical Corp said yesterday it was extending its $43bn agreed takeover for Swiss pesticide and seed giant Syngenta until November. The company, also known as ChemChina, said the offer for all Syngenta’s shares in what would be by far the biggest-ever overseas acquisition by a Chinese firm was now open until at least November 8.

“As previously stated, extensions to the tender offers are expected to occur until all conditions to the offers are satisfied, including obtaining all applicable regulatory approvals,” ChemChina said in a statement. The offer for Syngenta shares, announced in February, was extended in May and July, and was due to expire on September 13.

“All of the other terms and conditions of the tender offers remain unchanged and ChemChina continues to expect to conclude the transaction by the end of the year,” said ChemChina. Last month a US national security regulator approved the merger, and the companies said a number of anti-trust regulators around the world still need to approve the deal.

ChemChina said that as of September 2 nearly 17.9mn ordinary shares had been tendered under the offer. According to Syngenta’s website, the firm had more than 92.5mn registered shares as of its last annual general shareholders meeting in April. Syngenta rebuffed US-rival Monsanto three times last year before accepting the ChemChina’s offer.

Syngenta shares were down nearly 0.5% in midday trading in a Swiss market that was marginally higher. The proposed merger is not the only one in the sector, with German chemicals and pharmaceuticals giant Bayer on Monday sweetening its offer for Monsanto to $127.50 per share, which would bring bring the deal’s total value to almost $66bn including debt.

Monsanto has yet to respond to the new offer. Dow Chemical and DuPont, two of the oldest US companies, announced the tie-up in December to create the world’s biggest chemical and materials group valued at $130bn.




US: California is using more renewables and less natural gas in its summer electricity mix . U.S. EIA, California Independent System Operator (CAISO)

The mix of energy sources used for power generation in California this summer changed from last summer, as renewables and imported electricity offset lower natural gas use.

During summer 2016 (June, July, and August), thermal generation (almost all from natural gas) in the area serviced by the California Independent System Operator (CAISO) was down 20% from the previous summer.

While generation from hydroelectricity, other renewables, and electricity imports was higher than the same period last year. The overall level of electricity consumption was 2% higher this summer as temperatures were slightly warmer than the previous summer.

Hydroelectric generation in CAISO increased from last summer because the West Coast drought situation has improved. According to the U.S. Drought Monitor, 59% of California experienced a severe, extreme, or exceptional drought during July 2016.

In contrast, 95% of the state experienced similar conditions last July. These improved water conditions have also helped increase hydroelectric generation in the Pacific Northwest, some of which is imported into CAISO.

The addition of new generating capacity has also contributed to the change in generation mix. Data from CAISO indicate that nonhydro renewables, mainly solar and wind, represented 26% of capacity in June 2016. Utility-scale solar photovoltaic (PV) capacity has shown the most growth in CAISO recently, increasing by 1.4 gigawatts (27%) between June 2015 and June 2016. This increase in utility-scale solar capacity has reduced the need for summer thermal generation in CAISO, especially during the daylight hours.




Source: U.S. Energy Information Administration, California Independent System Operator (CAISO) as accessed through ABB Velocity Suite

California also has added a significant amount of distributed solar PV capacity. EIA's latest data show that distributed solar PV increased from 2.8 gigawatts in June 2015 to 3.8 gigawatts in June 2016. Distributed generation reduces the amount of electricity that utility-scale power plants need to supply.




NewBase 07 September 2016 Khaled Al Awadi

NewBase For discussion or further details on the news below you may contact us on +971504822502 , Dubai , UAE

Oil edges lower amid skepticism about output freeze Reuters newBase

Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut.

London Brent crude for November delivery was down 4 cents at $47.22 a barrel by 0018 GMT, after settling down 37 cents on Tuesday. NYMEX crude for October delivery was down 8 cents at $44.75, after settling up 39 cents on Tuesday.

Oil prices hit a one-week high on Monday after Russia and Saudi Arabia agreed to cooperate on stabilizing the oil market, but they have since fallen due to the mounting uncertainty over a deal. The Organization of the Petroleum Exporting Countries and non-OPEC producers such as Russia will hold informal talks in Algeria on Sept. 26-28, but many in the market are skeptical a deal will happen. Saudi Arabia's Foreign Minister Adel al-Jubeir said on Tuesday it would go along with a freeze in oil output if other producers agreed one but cautioned that Iran, which is aiming to raise output to pre-sanction levels, could foil any attempt to limit output.

Iran, however, signaled on Tuesday it was prepared to work with Saudi Arabia and Russia to prop up oil prices as it began to bargain with OPEC on possible exemptions from output limits. On demand, traders said Genscape data showed a draw of some 700,000 barrels last week at the Cushing, Oklahoma, delivery hub for U.S. crude futures.

U.S. commercial crude inventories likely fell by 100,000 barrels last week after rising for two straight weeks, a preliminary Reuters poll showed on Tuesday. Gasoline stocks likely fell by 500,000 barrels, while distillate stocks are forecast to have increased by 1 million barrels, the poll showed. The American Petroleum Institute is set to release the weekly oil data on Wednesday, delayed a day from usual due to the Labor Day holiday on Monday.

Oil price special

coverage




OPEC's Crude Is Too Sour for This Oil-Market Upstart Serene Cheong BloombergSerene

OPEC’s biggest producers are playing second fiddle to smaller suppliers in a coveted corner of the oil market.

Crude with a lot of sulfur, including supply from Saudi Arabia and Iran, is too sour to be processed easily at its plants, said Zhang Liucheng, director and vice-president at Shandong Dongming Petrochemical Group, the biggest among China’s private refineries.

Most of the independent companies, which have been courted by sellers since they were granted access into international oil markets last year, are instead seeking ‘sweeter’ cargoes with lower sulfur content, he said.

Such crudes are typically pumped in regions such as Africa, Latin America and Russia, meaning producers there could gain the most from purchases by the private refineries, which now account for a fifth of demand in the world’s second-biggest oil consumer.

The processors, known as teapots, have contributed to China’s record imports this year and helped revive global benchmark prices. Shandong Dongming says it’s open to buying cargoes from state oil companies or international trading houses.

“We did take a look at crude from Saudi Arabia but found its quality to be a bit too sulfurous and not economic to refine,” Zhang said in an interview in Singapore, adding that Iranian cargoes are also not suitable.

“We have no preference when it comes to purchasing oil from state-owned producers and trading houses. State-owned sellers can provide secure supplies, while international traders can give us more flexibility in terms of prompt cargoes, financing and logistics.”




The company owns two refineries, one with processing capacity of 240,000 barrels a day in Heze in the eastern Shandong province, where most of the private processors are clustered, and another of 60,000 barrels a day in Lianyungang in Jiangsu province, according to its website. It is one of the firms that were granted approval to use foreign oil last year as part of the Chinese government’s efforts to liberalize its energy industry.

Shandong Dongming has bought about 5 million metric tons of overseas crude in the first eight

months of 2016, versus a similar amount for all of last year, according to Zhang. It plans to fully useup its annual crude-import quota of 7.5 million tons, or about 150,000 barrels a day, in 2016. About a third of its purchases came from Africa, with similar amounts from South America and the Middle East, he said.

The company’s trading arm, Pacific Commerce Holdings Pte, on Tuesday signed a supply deal with Unipec, a unit of state-run China Petroleum & Chemical Corp., known as Sinopec, the world’s biggest refiner. Under the agreement, the private company will get 8 million barrels a year of overseas crude starting 2017 from the government-run firm.

Oil Deal

That’s the second such deal for Shandong Dongming, which also has a long-term supply agreement with BP Plc. It may use the crude from Unipec at its own refineries, or sell to one of the other processors that are part of an industry alliance, Wu Wei, deputy general manager of Pacific Commerce, said in Singapore on Tuesday.

While most independent refiners prefer low-sulfur crude varieties, that doesn’t mean the processors aren’t open to testing supplies from producers such as Saudi Arabia. The world’s

biggest exporter has shipped oil to at least one of the companies this year, while Iran is said to

be in talks with trader Trafigura Group to try and break into the market.

Still, as Shandong Dongming buys more crude from overseas, it’s facing hurdles to sell its refined products abroad. It’s managed to export only “very little” of the 30,000 tons of diesel the government allowed it to ship earlier this year, according to Zhang. While the teapots have also received licenses to export fuel cargoes, a lack of facilities to transport products from plants to ports has hindered such plans.

Infrastructure Investment

Shandong Dongming hasn’t made any decision to invest in or expand infrastructure as its export quota is valid only for 2016, and the government hasn’t approved volumes for next year, Zhang said, adding that the private-refining industry wants more clarity from authorities on the matter so that they can make longer-term plans.

Gasoline that isn’t sent abroad are sold to state-run PetroChina Co. and Sinopec at 2,600 yuan a ton below retail prices, said Zhang. For diesel, the discount is 1,500 yuan a ton. The private refiners are still selling some products to government companies because they currently don’t have enough of their own pumps to directly supply retail customers, he said.

Shandong Dongming will have 150 to 200 retail pumps in nine provinces including Shandong and Jiangsu by the end of this year, and plans to operate about 1,000 stations in 3 to 5 years, according to Zhang.

“We want to be recognized as one of the significant players and we’re pushing for more equal opportunities for crude procurement and access to infrastructure and retail markets,” he said.




Oil-Market Rescue No Nearer Amid Saudi-Russia ‘Lip Service’ BloombergJulian Lee Angelina Rascouet

An international agreement to cap crude-oil output in a way that would restrict actual supply and support prices looks no nearer after the two largest producers pledged to cooperate.

Most members of the Organization of Petroleum Exporting Countries that can raise production have indicated they will aim to do so, while others are already close to short-term limits.

Monday’s joint statement by the oil ministers of Saudi Arabia and Russia, billed as a “significant” announcement, was “without any substance for market balances,” Amrita Sen, chief oil analyst at consulting firm Energy Aspects Ltd., said in Singapore.

Although both nations committed to discuss measures to help the oil market, including a potential output freeze, Saudi Arabia said there’s no current need to limit production. Russia’s Energy Ministry also expressed doubt last week that a cap is needed. Further reducing hopes of a meaningful accord, the two failed to agree on whether Iran has fully restored pre-sanctions output, key to determining whether it should take part in any freeze.

Impossible Cooperation

“There is not even a little chance for a real cooperation between Russia and Saudi Arabia,” Eugen Weinberg, head of commodities research at Commerzbank AG in Frankfurt, said by e-mail. “It’s clearly just a lip service, since the real cooperation between these competitors is just impossible.”

OPEC members are due to meet other producers for informal talks in Algeria later this month. One major issue undermining the impact of a potential freeze deal is that both Saudi Arabia and Russia




are already pumping a lot of oil. The Saudis produced a record 10.69 million barrels a day in August, according to a Bloomberg survey of analysts, oil companies and ship-tracking data. Russian oil production jumped in recent days, exceeding 11 million barrels a day for the first time since at least 1991, according to daily data from the Russian Energy Ministry’s CDU-TEK unit.

"A freeze doesn’t resolve anything if Saudi Arabia and Russia are both freezing when their production is at a record high," Saad Rahim, chief economist at oil-trading house Trafigura Group Pte, said in Singapore.

While Russia appears willing to join an international agreement to steady the market, it’s reluctant to lead the process of negotiating a freeze. Deputy Prime Minister Arkady Dvorkovich has said all OPEC members must reach consensus on a cap before Russia will participate. Even if a deal is on the table, Iran, Nigeria, Libya and even Iraq could reasonably seek exemptions.

Iran showed Monday that it’s ready to pump more crude, with state-run National Iranian Oil Co. saying the country can raise production to 4 million barrels a day in two to three months from the current daily level of about 3.8 million. Iran’s unwillingness to take part in a previous freeze plan negotiated in April led Saudi Arabia to walk away from the deal.

Nigeria may also demand the right to restore production after militant attacks curbed output, while Libya will want to boost volumes that shrank to a fraction of pre-conflict levels. In Iraq, Prime Minister Haidar Al-Abadi has said he’d support a freeze deal though new Oil Minister Jabbar Al-Luaibi previously called on oil companies to increase production to boost national revenue.

Most of the rest of OPEC’s members are already pumping as much as they can.

Saudi Arabia and Russia were keen to publicize their rapprochement on Monday, saying their joint statement showed a growing trust and understanding that collaboration is vital to oil’s recovery. Yet analysts remain skeptical a meaningful deal can be reached in Algiers.

"Talk is cheap but they could pay a dear price for crying wolf too often," Commerzbank’s Weinberg said.




NewBase Special Coverage

News Agencies News Release 07 September 2016

World’s Biggest Crude Buyers Make Cuts The Oil Giants Won’t Bloomberg News

As the world’s biggest crude producers stop short of taking action to address the global oversupply, output cuts by their largest customers are helping to mop up the glut.

While Asia buys more oil than any other region, it also accounts for about 8 percent of supply and has been cutting back as crude’s collapse prompts a wave of spending reductions from China to Malaysia. Shrinking domestic production will mean a greater need for imports that may help support global oil prices.

With the market typically looking to Asian demand as a catalyst for crude’s recovery, the traders, producers and refiners meeting in Singapore this week for the industry’s annual Asia gathering are paying greater attention to how much the region’s pumping out of the ground. China, the world’s second-largest consumer of oil as well as the fifth-biggest producer, is expected to reduce supply more than 6 percent this year.

"Structurally, this is a really interesting time to be doing business in the Far East," Chin Hwee Tan, the Singapore-based head of Asia-Pacific oil trading at Trafigura Group Pte., said in an interview. “We are handling increased volumes at a time when Asian crude production has fallen.”

Asia’s output peaked last year at 7.5 million barrels a day, according to data from the International Energy Agency that excludes OPEC member Indonesia. It has dropped since then as companies, particularly state-owned Chinese giants, reduced spending.




‘Massive Overhang’

Asia’s top five producers -- China, India, Malaysia, Indonesia and Vietnam -- will cut output by 255,000 barrels a day this year and a further 309,000 barrels a day in 2017, according to Energy Aspects, a London-based researcher.

While production is declining, the market still remains oversupplied. There is a “massive overhang” of crude and fuel inventories, according to the IEA. Citigroup Inc. last month cut its price forecasts for Brent crude over the rest of the year because of weak refining margins and stronger-than-expected supply.

As record stockpiles cap oil’s recovery much beyond $50 a barrel, speculation has mounted that the world’s biggest producers will take some sort of coordinated action, such as an output freeze, to re-balance the market. While Saudi Arabia and Russia, the world’s biggest suppliers, pledged this week to cooperate, they failed to announce any specific measures to bolster prices. Brent was up 0.7 percent at $47.58 a barrel as of 11:47 a.m. Singapore time.

Import Dependency

Saudi Arabia led the 2014 decision by the Organization of Petroleum Exporting Countries to maintain output in the face of a rising glut in the hope that the collapse in prices would force higher-cost producers to shut down. That’s what’s happening now in Asia.

Imports will make up 76.1 percent of Asia’s oil supply next year, up from 73.4 percent in 2015, Otabek Karimov, head of supply, trade and logistics at Rosneft PJSC, said in Singapore on Wednesday. “Growing demand and falling production will lead to increasing import dependency” in Asia, he said.

PetroChina Co. cut its 2016 domestic crude output target to 103 million metric tons, a drop of about 6 percent from the previous year, as some high-cost fields were shut. Production from China Chemical & Petroleum Corp., known as Sinopec, is on track to shrink by a similar amount, company forecasts show.

Severe Impact

“The decline in oil prices has had a severe impact on China’s oil industry” Neil Beveridge, a Hong Kong-based analyst at Sanford C. Bernstein, wrote in a report this month . “No other large oil producing country is experiencing this level of production decline.”

The decline is increasing the nation’s appetite for cheaper, foreign oil. China’s crude imports surged to a record this year and the share of overseas supply in the country’s mix has risen as high as 66 percent.

"Chinese oil majors are no longer under orders to increase domestic production, as they were doing so at a loss," said Adam Ritchie, executive general manager for supply at Caltex Australia Ltd. "China’s change to let economics decide between imports and domestic production is a big change.”

Producers in other parts of Asia are also shutting their oldest fields. Indonesia has reduced drilling, hurting supply of Minas and Duri crude. The slide in Malaysia’s Tapis output, which was arrested earlier this decade by investments in so-called enhanced oil recovery, has resumed, according to Energy Aspects.




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Khaled Malallah Al Awadi, Energy Consultant MS & BS Mechanical Engineering (HON), USA Emarat member since 1990

ASME member since 1995 Hawk Energy member 2010

Mobile: +97150-4822502 [email protected] [email protected]

Khaled Al Awadi is a UAE National with a total of 26 years of experience in the Oil & Gas sector. Currently working as Technical Affairs Specialist for Emirates General Petroleum Corp. “Emarat“ with external voluntary Energy consultation for the GCC area via Hawk Energy Service as a UAE operations base , Most of the experience were spent as the Gas Operations Manager in Emarat , responsible for Emarat Gas Pipeline Network Facility & gas compressor stations . Through the years, he has developed great

experiences in the designing & constructing of gas pipelines, gas metering & regulating stations and in the engineering of supply routes. Many years were spent drafting, & compiling gas transportation, operation & maintenance agreements along with many MOUs for the local authorities. He has become a reference for many of the Oil & Gas Conferences held in the UAE and Energy program broadcasted internationally, via GCC leading satellite Channels. NewBase : For discussion or further details on the news above you may contact us on +971504822502 , Dubai , UAE

NewBase 07 September 2016 K. Al Awadi




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New base energy news issue 924 dated 07 september 2016