asia | Egypt Oil & Gas - Part 3
Oman Produce About 1mb/d of Oil
Oman's total crude oil and condensates production during November 2016 stood at more than 30mb/d, averaging just over 1mb/d.
PGPIC Seeks $1b to Expand Petchem Projects
Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) is in talks with Asian companies to raise $1.1b for an expansion scheme.
Aramco to Increase Oil Supply to Asia
State oil giant Saudi Aramco has agreed to supply some customers in Asia with incremental crude that will load in January.
Iran’s Oil Exports to Decline by 7.5%
Iran's crude oil exports are set to decline up to 7.5% in November to a four-month low, as the seasonal demand is low in Europe.
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.
Kuwait Boosted Oil Exports to Japan
Kuwait crude oil exports to Japan increased by 33.7% during September, when compared to volumes from the same period during 2015. It reached 6.83mb of oil, averaging 228,000b/d.
KEMYA Started Commercial Operations
Saudi Basic Industries Corp (SABIC) started commercial operations for polybutadiene industrial rubber part of its Al-Jubail Petrochemical Company (KEMYA) joint venture with a unit of Exxon Mobil.
Iran to Boost Cleaner Diesel Exports
Iran aims to increase export volumes of cleaner diesel containing 500 parts-per-million (ppm) of sulfur, by early 2017
