Aramco | Egypt Oil & Gas - Part 11
Egypt to Launch Oil Tender
The Egyptian General Petroleum Corporation (EGPC) will launch a new tender in December in order to cover the domestic demand for petroleum products and makeup for halted Saudi Aramco shipments.
Iraq, Jordan to Build Oil, Gas Pipeline
Iraq and Jordan have affirmed their plans to implement a double oil and gas pipeline to transport Iraqi hydrocarbon to the Jordanian port of Aqaba.
Aramco Halted Oil Cargos Indefinitely
Saudi Arabia’s Aramco has informed Egypt that shipments of oil products expected under a $23b deal would be halted indefinitely.
Aramco Increased Oil Prices to Asia
Saudi Arabia, raised pricing for December sales of all oil grades to Asia in order to take advantage of a brief increase in demand for Middle Eastern crude.
Egypt Received $1.2b in Oil from Aramco
Since May 2016, Egypt has received oil cargos from Saudi Aramco worth $1.2b. Egypt received 700,000t of petrol every month for the last 4 months.
Egypt will Not Import Oil from Iran
Egypt is not in negotiations with Iran on crude oil imports, while the agreement with Saudi Aramco is still valid.
Egypt Received Oil Cargos
Egypt has received oil cargos, after Saudi Aramco informed that it will not be able to provide October's 700,000t shipment.
Aramco, Turkey Signed MoUs
Saudi oil giant Aramco signed memoranda of understanding (MoU) with 18 Turkish firms in different sectors such as construction, power generation and related services. 
