“If the government charged the people the actual cost of desalinated water, then people could not afford it.”
Abdulaziz Sager, chairman of the Gulf Research Centre, reveals some of the complexities surrounding desalinated water. Read article.
“Fair price per barrel from out point of view is $70-$75.”
UAE President Sheikh Khalifa bin Zayed Al Nahyan slaps his ideal price tag on a barrel of oil. Read article.
“We have already replaced the managers involved and appropriate steps have been taken.”
Dr Abdul Jaleel Al-Khalifa, chief executive of Dragon Oil, reassures shareholders after the company found “improper conduct” within its marketing and contracts department. Read article.
“District cooling companies must take the first step.”
DEWA CEO Saeed Al Tayer engages in a chicken and egg argument with district cooling companies over thermal storage. Read article.
“We don’t know the terms, conditions or the timing.”
StatoilHydro spokeswoman Mari Dotterud reveals the company has been invited to negotiate a contract for the development of the Nahr Bin Umar oilfield in Iraq, although details seem a little hazy. Read article.
“This is a very proud day for us – the accumulation of many years of hard work and dedication from a strong workforce.”
Mohammed Al-Naimi, director and general manager of the South Hook LNG Terminal, gets emotional following the arrival of the first Qatargas shipment of LNG in the UK. Read article.
“The market has likely only paused to catch its breath rather than moved into a prolonged period of lower prices.”
IEA deputy executive director Richard Jones says prices may be down, but not for long. Read article.
“I think there is a lot of pain in the UK, but I think this pain is being dissipated by recognising there is a harvest to be ploughed here in the Middle East, and you can’t plough a field from 3,000 miles away.”
Terry Willis, managing director, Energy Industries Council, is all for ploughing the Middle East’s harvest.
