News / International
Nigeria to Boost Oil Output by 200,000b/d
The Nigerian National Petroleum Corporation (NNPC) estimated that the country will increase its crude oil production by 200,000b/d during the first quarter of 2018.
Iran to Sell 1m Barrels of Crude to Hungry
Iran will export 1m barrels of crude oil to Hungry during November.
Abu Dhabi to Expand Solar Plant to 1GW
Abu Dhabi Water and Electricity Company (ADWEC) to expand its Solar PV Independent Power Project at Sweihan after six pre-qualified bidder consortia has submitted proposals. The expected commercial operation date of the project is scheduled for the 1st quarter of 2019.
AGOCO Boosted Oil Output to 290,000b/d
Libya‘s Arabian Gulf Oil Company (AGOCO) has increased production to 290,000b/d and hopes to reach 350,000b/d by the end of the year.
Iraq Exported 3.2mb/d of Oil in September
Iraq's State Oil Marketing Company (SOMO) has sold an average of 3.276mb/d in oil exports during September.
Turkey to Cut Gas Prices by 10%
The Turkish Energy Minister, Berat Albayarak, declared that the country will reduce the price of natural gas by 10% for domestic and industrial consumers during October.
India Withdrew from Iran, Pakistan Gas Talks
India has rejected talking with Iran on gas import through Pakistan, in lieu of transferring Iran’s gas through subsea lines, despite the higher costs.
Nigeria Enhanced Fuel Storage
The Nigerian National Petroleum Corporation (NNPC) increased the country's storage capacity for petroleum products by 87.7m liters, with the re-commissioning of four product tanks at the Mosimi depot in Ogun State.
