Category: Oil and Gas business

A supply contract is generally not related to a particular reservoir and the ACQ for each year of the contract life is agreed from the start (as opposed to a depletion contract)

A stratigraphic unit of major significance which was deposited during a specific time period, and which can be correlated worldwide on the basis of its fossil content

Connects the port of Ain Shukna in the Gulf of Suez with the port of Sidi Kerir in the Med close to Alexandria. Its length is 320 km and consists of two 42″ pipelines that can transmit 125 million tons of oil per annum

Namely medium term (as of 2009) there is a cycle of supply and demand imbalances in a lot of the energy markets, including the LNG market, with plenty of fuel likely to be available for several years, including enough fuel for LNG regasification plants, as new projects come onstream. But unless more production are given the go-ahead soon, it will lead to a marked yo-yoing cycle of supply and demand imbalances and lack of supply within very few years

Constantly hoarding and/or underutilizing available capacity at an LNG terminal without selling it on the secondary market or making it otherwise available to others at a reasonable price and without being able to justify such behavior

Israeli solar energy company founded by Kobi Diner whose objective is to enable every home and business in Israel to enjoy the benefits of solar energy and ensure that this source of energy is both used efficiently and reliably. The company’s solutions includes the most advanced technology in photovoltaic panels. At the end of 2008, the company announced it would invest $133 million in photovoltaic arrays in Kibbutzim in Israel following the publication in July 2008 by Israel’s Public Utilities Authority of a feed-in tariff of NIS 2.01 for small solar-power arrays – up to 50 kW.