New base special 08 january 2014 khaled al awai li part 1

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NewBase 08 January 2014 Khaled Al Awadi
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Marubeni Corporation becomes DME member
http://www.uaeinteract.com/docs/Marubeni-Corporation-becomes-DME-member/59270.htm
Marubeni Corporation has become the latest
major Asian energy company to become a
Trading Member of the DME, the Middle
East's premier international energy futures
and commodities exchange.
The decision by the Japanese trading house
to join the DME as a Trading Member comes
at a time of continued growth for the
Exchange. DME has seen participant
numbers rise 20% year-on-year, with interest
particularly strong from Asia.
DME is at the heart of the rapidly expanding
crude oil corridor between the Middle East and Asia and has attracted major Asian oil companies
and trading houses as Trading Members in recent months. DME is very focused on facilitating
trade from Asia and is in discussions with several banks to issue letters of credit for DME physical
deliveries directly from Singapore.
Christopher Fix, Chief Executive of the Dubai Mercantile Exchange, said: "DME is delighted to
welcome such a prestigious company as Marubeni Corporation as a member. Marubeni has
always been a strong supporter of DME with a great deal of trading volume since DME's launch
and their decision to move to a formal membership is a major endorsement of DME Oman's
position as the new benchmark for crude oil trading for the Asian markets.
The strong growth that DME experienced in 2013 was the direct result of the strong support of
customers like Marubeni and I look forward to even more success this year and beyond." Yasuaki
Suzuki, General Manager of Energy Trading Department, Marubeni Corporation said: "Marubeni is
delighted to become a Trading Member of DME. Acquiring a membership was the logical next
step in our long association with the Exchange. Marubeni is excited to be part of a transparent and
regulated mechanism that provides fair pricing for the Asian crude oil markets and we look forward
to working closely with DME as the markets continue to evolve." - Emirates News Agency, WAM

ChemaWEyaat and Indorama establish a Joint Venture (Tacaamol)
Abu Dhabi National Chemicals Company (ChemaWEyaat) and Indorama Ventures Public
Company Limited signed, on Thursday 26th December 2013, a joint venture agreement to
develop the Tacaamol Aromatics Plant on Madeenat ChemaWEyaat Al Gharbia's (MCAG) site in
the Western Region of Abu Dhabi.
The plant is expected to have an annual design capacity of about 1.4 million tonnes of paraxylene
and 0.5 million tonnes of benzene. ChemaWEyaat will hold 51% equity and Indorama 49% in the
joint venture company to be known as Abu Dhabi Chemicals Integration Company LLC
(Tacaamol).
"We are very excited about this venture with ChemaWEyaat which represents our maiden entry
into the Gulf region" said Mr. Aloke Lohia, Group CEO of Indorama Ventures. "It heralds long-term
business success for Tacaamol. Both parties will contribute their expertise and resources,
optimizing the benefits that Abu Dhabi offers to create a world class Aromatics chain industry that
will result in sustainable economic and social development."
Echoing the statement of Indorama Ventures' Group CEO, Mr. Ahmed Saeed Al Mheiri,
ChemaWEyaat Chief Executive Officer, said: "We welcome Indorama Ventures to Abu Dhabi and
have full confidence in the future success of the Tacaamol Aromatics Plant. The teams of both
parties have worked hard to reach this stage and we look forward to their continued spirit of
cooperation during project implementation and the establishment of future operations."
In 2012 ChemaWEyaat engaged the services of Foster Wheeler as Project Management
Consultants (PMC) for the project, which includes substantial infrastructure work on the MCAG
site to support the aromatics plant and, in due course, the other complexes that are planned to be
developed there. During the summer of 2013, further contracts were placed covering the FEED
for the utilities, offsites and infrastructure, and the site preparation activities.
ChemaWEyaat was established by Emiri Decree in November 2008 to further develop Abu
Dhabi's domestic chemicals industry, complementing ADNOC's subsidiaries Abu Dhabi Polymers
Company (Borouge), Ruwais Fertilizer Industries (Fertil) and International Petroleum Investment
Company's (IPIC) international chemicals subsidiaries. ChemaWEyaat is jointly owned by IPIC,
the Abu Dhabi Investment Council and Abu Dhabi National Oil Company (ADNOC).

Iraq says pipeline to Jordan, Egypt open for investment
By : http://www.emirates247.com/business/
Iraq had denied reports that it would fund a USD-multi-billion project to construct an oil pipeline to Jordan
and Egypt, saying the project would be financed by the executing companies on an investment basis, an
Iraqi news agency reported on Sunday.
The Iraqi Media Network quoted a government official as saying there is no change in an agreement
reached between Iraq and Jordan regarding the pipeline and that several international firms have already
been shortlisted for the mega project. “We are still sticking to the plan to carry out this project through
investment not direct financing. We have already received bids from some international consortiums,” said
Thamer Al Ghadban, head of the consultants’ committee in the Iraqi cabinet.
“There is no change whatsoever in the agreement about this pipeline project, which is based on a contract
signed between the oil ministry and a consultancy company..this company is preparing studies for the
project on BOT (build-operate-transfer) basis.” Ghadban, who was reacting to reports by Jordan’s Al Ghad
newspaper that Baghdad has decided to finance the pipeline project, said funding would totally come from
the investors while Iraq would pay “a commission to investors to be agreed upon later.”
He said Jordan would benefit from the project by getting commission fees for the passage of the pipeline
through its territory as well as cheap oil and gas supplies. “This is a purely investment project. Several
consortiums have already bought project documents and expressed interest in undertaking the project. So
there is no change in the Iraqi government’s position,” he said.
The 1,680-kilometre double pipeline will pump one million bpd of crude and nearly 258 million cubic feet of
natural gas from Basra on the Gulf to Jordan’s Aqaba ort. In September, the US Wall Street Journal said
Iraq has shortlisted 12 international companies to build the USD18-billion oil export pipeline.
It said Lukoil of Russia, Mitsui of Japan, Larsen &Toubro and Go Gas of India, Italy’s Saipem and China
National Petroleum Corp were among the shortlisted firms.

Northern Iraq’s increasing energy success rattles Baghdad
By : Orlando Crowcroft http://www.thenational.ae/business/
The northern Iraqi pipeline to Turkey, now operational according to a January 2 report by Reuters,
will transport 300,000 barrels per day (bpd) to the Turkish export hub of Ceyhan, a figure that
could eventually rise to some 2 million bpd to global markets by 2019.
The Kurdistan Regional Government (KRG) has dismissed the very public backlash from
Baghdad, pressing ahead with the pipeline and arguing that Iraq’s constitution promises the Kurds
17 per cent of the country’s total oil revenues. “We are not ignoring Baghdad but if nobody wants

to speak with us, that’s fine. We have been patient for 10 years,” the KRG natural resources
minister Ashti Hawrami told reporters at the end of last year.
Mr Hawrami’s comment reflects the Kurdish frustration with Baghdad that is behind the decision to
open relations with an increasingly friendly Turkey. Kurdistan has oil reserves of 45 billion barrels
and gas reserves of more than 110 trillion cubic feet. Its oil accounts for a third of total Iraqi
supply. The KRG has already shown its willingness to act alone, signing agreements with Chevron
and ExxonMobil as well as Russia’s Gazprom and France’s Total for exploration in the Kurdish
region.
“The KRG’s willingness to pursue new export opportunities is a message to Baghdad: if they
aren’t going to agree on a framework for the future, then Kurdistan will do it on its own,” said
Shwan Zuhal, an energy and risk consultant, in a recent interview. The Turks have been slightly
more willing to appease Iraq, with the Turkish energy minister Taner Yildiz telling Reuters that oil
would not be exported to global markets until consent was given from Baghdad.
“The flow of crude oil from Iraq has begun. It is being stored. It will not be exported without the
consent of the Iraqi government,” Mr Yildiz said. Richard Mallinson, an oil analyst at Energy
Aspects, believes that it may be a political compromise that finally ends the deadlock between
Erbil and Baghdad. Nouri Al Maliki, the Iraqi prime minister, faces an election this year and may
see Iraqi consent as a way of securing the KRG’s favour.
“Maliki may be willing to offer [his consent] in return for Kurdish support for his third term and as a
way to ease Baghdad-Erbil tensions,” Mr Mallinson said. For Iraqi Kurdistan, Mr Mallinson
explains, the rewards for a deal with Baghdad over the Turkish pipeline are rich. Disputes
continue between the KRG and southern Iraq over the massive Kirkuk field, where production has
been hampered by frequent bombings of the Kirkuk-Ceyhan pipeline that have reduced how much
oil the field can produce.
If the KRG’s deal with Turkey is green-lighted it could pave the way for massive development of
existing and new sites in Iraqi Kurdistan, persuading the few major global international oil
companies not already present in the region that it is time to get involved.
Not only does the region offer vast untapped reserves, but a far easier and safer business
environment than Iraq. Visitors to Iraqi Kurdistan are given visas on arrival and violence has been
mercifully rare in Kurdish cities, contrast this with the serious security and infrastructure
challenges in Iraq proper.
“An agreement between the KRG-Baghdad would mainly matter for production within Iraqi
Kurdistan and a deal would encourage the rapid expansion of current fields and development of
new ones by providing a route to international markets,” Mr Mallinson said.
Indeed, the precedent is there. Speaking in December, Mehmet Sepil, the president of the Anglo-
Turkish oilfield operator Genel Energy, said his company already had capacity to produce about
230,000 bpd at its Taq Taq and Tawke fields in Kurdistan, a figure that would rise in 2014. “By the
end of 2014, our capacity in the two fields could go up to 350,000 bpd through new wells,” he told
Reuters.

China Coal to build world largest CTO complex
http://www.2b1stconsulting.com/
Sinopec Engineering Group (SEG or Sinopec Engineering) has been awarded by Zhong Tian He Chuang
Energy Corporation Limited (Zhong Tian He Chuang) the engineering, procurement and construction
(EPC) contract to design and build the world largest Coal-To-Olefins (CTO) plant at Uxin Banner near
Ordos, Inner Mongolia.
Established for the purpose of this $3.2 billion capital expenditure CTO project, Zhong Tian He Chuang
Energy Corporation Limited (Zhong Tian He Chuang) is a joint venture between China Coal Energy
Company (China Coal) and the Sinopec Group (Sinopec) with 38.75% interests. China holds the third
largest coal reserves in the world after USA and Russia. In the same time, China is one of the world largest
consumer of petrochemical products.
Despite intensive investments in the downstream industries, China import 45% of its ethylene and should
not become self sufficient in petrochemicals before 2035. In this context the monetization of its coal
reserves through the petrochemical industry has got the same level of priority in China as the coal-fired
power generation.
In both cases, the environmental foot print and related costs are key challenges on which the Chinese
engineering companies are working for many years. In that respect the Sinopec Shanghai Research Institute
of Petrochemical Technology developed its proprietary process to convert methanol into olefins.
Branded as Sinopec Methanol-To-Olefins (S-MTO), this new technology has been introduced in the Puyang
Zhongyan plant in operations since 2011. Using a new set of catalyst based on silicoaaluminophosphate
(SAPO-34), the S-MTO provides the methanol conversion into ethylene and propylene at about 81% carbon
selectivity.
After this successful full-scale test, Sinopec presented its technology at the Dresden DGKM Conference in
Germany in October 2013. Confident in Sinopec technology, China Coal takes a leap in the
petrochemical industry in planning the world largest CTO complex based on the S-MTO technology.
In order to capitalize experience on this China critical project, Sinopec Engineering Group subsidiaries will
be involved at all levels of the project.

Call for tapping unconventional gas to meet growing demand
BY:TIMES NEWS SERVICE , HTTP://WWW.TIMESOFOMAN.COM
With worldwide energy consumption projected to surge by approximately 50 per cent in just two decades, there
has been growing urgency for unconventional solutions in the gas sector — particularly in Gulf countries like Oman,
where hydrocarbons make up 86 per cent of government revenues and fuel economic growth.
While the Middle East, North Africa and South Asia (MENASA region) holds 40 per cent of the world's proven gas
reserves, it only accounts for 15 per cent of global gas production, indicating the massive untapped potential, said a
press release.
In order to tackle the evolving challenges, opportunities and trends in the global gas sector, Knowledge Expansion —
a leading regional oil and gas knowledge transfer consultancy — is organising the International Unconventional Gas
Conference and Exhibition (IUGCE), between January 20 and 22, at the Ritz Carlton Al Bustan Palace, here. Oman is
an ideal host, being the Middle East's largest oil and gas producer that is not a member of the Organisation of
Petroleum Exporting Countries (Opec).
The high-profile event will be chaired by Salim bin Said Al Aufi, undersecretary for Oman's Ministry of Oil & Gas. As a
platform for futuristic ideas that will shape gas exploration and production, the event will attract influential decision
makers, thought leaders and stakeholders in the global industry to maximise the potential of unconventional gas.
This refers to gas that requires higher than industry-standard levels of technology or investment to extract.
The high-powered line-up of international speakers includes Raoul Restucci, managing director of Petroleum
Development Oman (PDO); Jerome Ferrier, president of the International Gas Union (IGU); Menahi Al Anzi, deputy
chief executive officer of Exploration & Gas for KOC; and David Dalton, Middle East Regional president for BP.
Saudi Arabia to drill seven shale gas test wells'

Alternative solutions
Considering the growing demand for gas, driven by the recovering global economy and population growth, the
Middle East is seeking to strengthen its position at the forefront of the gas sector by diversifying from conventional
gas reserves to its largely untapped unconventional gas reserves.
However, the major challenge is that unconventional gas types like tight gas and shale gas require much more
advanced technologies and expertise.
While the region's existing conventional gas fields remain highly productive, Gulf governments have opted for a
proactive approach by exploring alternative solutions rather than waiting for conventional gas production to peak or
dwindle. Tight gas exploration and appraisals in countries like the Sultanate,
Saudi Arabia, United Arab Emirates, Kuwait, Algeria, Egypt and Libya have increased and are expected to gain
momentum with time. This will ultimately strengthen energy security, unlocking new economical energy sources.
Technological gap
Commenting on the upcoming conference, Rafeeq Kunhi, director at Knowledge Expansion elaborated:
"On one hand, the region has enormous potential in unconventional gas, but on the other hand, we have pinpointed
a technological and knowledge gap in this field. Therefore, we have organised this high profile platform where some
of the world's most respected experts will converge to empower regional experts through knowledge transfer. This
will greatly enrich the region's knowledge reservoir, boosting long-term sustainability and positioning the region at
the forefront of the world's unconventional gas sector."
Among other highlights at this year's conference, international experts will share emerging findings from
groundbreaking research, success stories and lessons learned from international developments.

NewBase For discussion or further details on the news below you may contact us on +971504822502 , Dubai , UAE
Your partner in Energy Service
Khaled Malallah Al Awadi,
MSc. & BSc. Mechanical Engineering (HON), USA
ASME member since 1995
Emarat member since 1990
Energy Services & Consultants
Mobile : +97150-4822502
khalid_malallah@emarat.ae
khdmohd@hotmail.com
Khaled Al Awadi is a UAE National with a total of 24 yearsKhaled Al Awadi is a UAE National with a total of 24 yearsKhaled Al Awadi is a UAE National with a total of 24 yearsKhaled Al Awadi is a UAE National with a total of 24 years of experience in theof experience in theof experience in theof experience in the Oil & Gas sector.Oil & Gas sector.Oil & Gas sector.Oil & Gas sector.
Currently working as Technical AffairsCurrently working as Technical AffairsCurrently working as Technical AffairsCurrently working as Technical Affairs Specialist for Emirates General Petroleum Corp. “Emarat“ withSpecialist for Emirates General Petroleum Corp. “Emarat“ withSpecialist for Emirates General Petroleum Corp. “Emarat“ withSpecialist for Emirates General Petroleum Corp. “Emarat“ with
external voluntary Energy consultation for the GCC area via Hawk Energy Service as a UAE operations base , Mostexternal voluntary Energy consultation for the GCC area via Hawk Energy Service as a UAE operations base , Mostexternal voluntary Energy consultation for the GCC area via Hawk Energy Service as a UAE operations base , Mostexternal 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 , respoof the experience were spent as the Gas Operations Manager in Emarat , respoof the experience were spent as the Gas Operations Manager in Emarat , respoof the experience were spent as the Gas Operations Manager in Emarat , responsible for Emarat Gas Pipelinensible for Emarat Gas Pipelinensible for Emarat Gas Pipelinensible for Emarat Gas Pipeline
Network Facility & gas compressor stations . Through the years , he has developed great experiences in theNetwork Facility & gas compressor stations . Through the years , he has developed great experiences in theNetwork Facility & gas compressor stations . Through the years , he has developed great experiences in theNetwork Facility & gas compressor stations . Through the years , he has developed great experiences in the
designing & constructingdesigning & constructingdesigning & constructingdesigning & constructing of gas pipelines, gas metering & regulating stations and in the engineering of supplyof gas pipelines, gas metering & regulating stations and in the engineering of supplyof gas pipelines, gas metering & regulating stations and in the engineering of supplyof gas pipelines, gas metering & regulating stations and in the engineering of supply
routroutroutroutes. Many years were spent drafting, & compiling gas transportation , operation & maintenance agreementses. Many years were spent drafting, & compiling gas transportation , operation & maintenance agreementses. Many years were spent drafting, & compiling gas transportation , operation & maintenance agreementses. 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 Conferencesalong with many MOUs for the local authorities. He has become a reference for many of the Oil & Gas Conferencesalong with many MOUs for the local authorities. He has become a reference for many of the Oil & Gas Conferencesalong with many MOUs for the local authorities. He has become a reference for many of the Oil & Gas Conferences
held in the UAE andheld in the UAE andheld in the UAE andheld in the UAE and Energy program bEnergy program bEnergy program bEnergy program broadcasted internationally , via GCC leading satelliteroadcasted internationally , via GCC leading satelliteroadcasted internationally , via GCC leading satelliteroadcasted internationally , via GCC leading satellite ChannelsChannelsChannelsChannels ....
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New base special 08 january 2014 khaled al awai li part 1

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