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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

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The technology used is similar to that of the pioneering ORYX GTL plant in Qatar. The plant construction will begin in autumn 2014 and will be completed in the first quarter of 2018 (compared to the previously planned date of construction completion in August 2017). Click to enlarge.

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JGC awarded EPC contract for CoolGen coal IGCC demonstration plant in Japan

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The project is scheduled for completion in February of 2017 and located in Chugoku Electric Osaki power station (Osakikamijima-cho, Toyota-gun, Hiroshima). Osaki CoolGen Corporation is a 50-50 joint venture between Chugoku Electric Power Co, Inc.

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Boeing Launches 777X fuel-efficient long-haul twin-engine jet program

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Production is set to begin in 2017, with first delivery targeted for 2020. Representing the largest product launch in commercial jetliner history by dollar value, 777X orders and commitments include Lufthansa with 34 airplanes; Etihad Airways with 25; Qatar Airways with 50 and Emirates with 150 airplanes.

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. Presumably swayed by Saudi equanimity, financial markets do not see the Saudis abandoning their current policy before, during, or after the upcoming OPEC meeting. billion) and $1 billion ($2.5

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Oil Prices Running Out Of Reasons To Rally

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At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. On top of that, Kuwait’s envoy to OPEC said that Qatar, Kuwait and Oman were also complying with the cuts.

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Haldor Topsoe and Sasol unite to offer customers single-point licenses for proven gas-to-liquids solutions

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TechnipFMC was the engineering, procurement and construction (EPC) contractor for the Oryx GTL facility in Qatar and has performed a number of front-end engineering designs for GTL facilities, including the Uzbekistan GTL.

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