Libya produced 1.65 mb/d of crude oil in Oct. 2010 and exported 1.2 mb/d crude in 2008. Both crude production and exports have recently peaked. Libya is a maturing oil province in…
Author: matt
Matt Mushalik (MEAust, CPEng)
Sydney
What if unrest in North Africa, ME impacts on oil exports?
It is only a matter of time until the unrest in North Africa and the Middle East impacts on oil supplies as it did in the last years of the Shah regime…
Money in Transurban’s cashbox not enough to complete M2 widening
Transurban ended up with a cash balance of $370 million at end 2010. $ 275 m of that amount is money provided by banks end of last year as part of a…
Sydney’s suburban grid too weak for growth
There was a very dirty power cut in one of Sydney’s suburbs due to overload of the grid during a hot summer evening around 8:25 pm when all air-conditioners were running on…
Egypt – the convergence of oil decline, political and socio-economic crisis
Egyptian crude oil production peaked in 1995/96 and declined ever since while at the same time oil consumption increased steadily at around 3 % pa. These conflicting trends have now led to…
Queensland Reconstruction Bonds more important than Sydney’s M2, M5 widening
The Queensland Premier is calling for a re-construction task of post-war proportions. What is required is not just a re-construction but an adaptation of infrastructure to future climate change because climatologists warn…
Sydney’s M2 toll increase high above RBA inflation target (part 3)
Let’s calculate future tolls on the M2 toll-way. Starting point for this analysis is this news item from 26th October 2010: Roads Minister David Borger said the RTA had signed a contract…
Another warning on Iran’s oil production and exports
Iran increased its subsidized fuel prices 4-fold for a ration of up to 60 litres a month and by another 75% for quantities above that limit. An Aljazeera correspondent reports: …
When will Sydney’s North West get its rail line?
No one knows. But while Sydney is continuing its love affair with the car – which one day in the not too distant future will come to an abrupt end – Frankfurt has…
Will Transurban ever pay back its debt?
Transurban, a toll-way operator in Sydney, Melbourne and the US has accumulated a debt mountain of around $A4 bn. Up to now, most of the previous debt, when due, was re-financed. There…