asia | Egypt Oil & Gas - Part 4
West African Crude Oil Exports to Asia on Rise
West African crude oil exports to Asia are likely to hit five-month high of 1.96m b/d in December over a robust 50% rise on month demand from India due to shortages on the domestic markets.
Qatar to Supply $16b LNG to Pakistan for 15 Years
Pakistan has finalised a 15-year, $16b liquefied natural gas (LNG) deal with supplier Qatar, said the Pakistani energy minister Shahid Khaqan Abbasi.
Asian Refineries Expect Robust Margins, High Gasoline Demand
Industry analysts and executives are expecting robust margins for Asian refineries next year, buoyed by high demand for gasoline in China and India.
Iran’s China Exports Rise With Post-Sanction Energy Cooperation Plans
Asian imports of Iranian oil in August rose by 10% from a year ago, said Press TV, adding that China accounted for the lion’s share of this increase of more than 1 m b/d of crude.
New S.African Crude Blending Terminal to Supply Asia in 2017
Using the world's first dedicated crude oil blending terminal, South Africa will by 2017 mix different grades of crude oil for export to refineries across Asia, enabling them to produce cleaner fuels more cheaply, an ...
Foreign Firms Compete in Mexico’s First Oil Auction in Years
US, European and Asian energy firms will compete Wednesday in Mexico's first oil auction since a historic reform brought back private investors, nearly 80 years after they were kicked out.
Indonesia Seeking to Rejoin OPEC
Indonesia is seeking to rejoin OPEC to get access to cheaper oil supplies as demand soars and domestic production falls, but critics say the move is an unwelcome distraction from efforts to overhaul the country's tro ...
Looking to Make Moves in the Asia, Russia Signs Oil Deal with India
Top Russian oil producer Rosneft has raised the stakes in its battle with Saudi Arabia for market share by securing new Asian markets to hedge against the risk that any new Western sanctions could hit crude sales.
