Asian markets | Egypt Oil & Gas
Canada’s AltaGas Signs Long Term LPG Processing Deals with Keyera
Canada-based energy infrastructure firm AltaGas has signed long-term agreements with pipeline operator Keyera for processing liquefied petroleum gases (LPGs), as Canada seeks to reduce their dependence on US market in...
KNPC to Export 120,000 b/d to Asia
Kuwait National Petroleum Company (KNPC) plans to export 120,000 barrels of oil per day (b/d) to Asian countries by signing new contracts, according to Khalid Sabah, Deputy Managing Director of the Corporation, Zawya ...
Refiners Expect Saudi Arabia to Raise Asian Prices
Saudi Arabia is set to raise December crude oil prices for Asian buyers, according to a survey of refiners conducted by Reuters. The leading oil exporter is expected to raise the price of its Light Arab crude to $0.90...
Iranian Exports to Asia Hit 6 Month High
Iranian exports to China, South Korea, India, and Japan climbed 20% in September, compared to August, to reach 1.9 million barrels per day (b/d), Reuters reports. The figure represents a 5.1% year-on-year (y.o.y.) inc...
Saudi Aramco Cuts Asian Allocations
To meet its self-imposed export cuts in November, Saudi Arabia is cutting crude oil shipments to customers in Asia, sources told Reuters. Earlier this week, Saudi Arabia announced that it would cut exports of crude oi...
Saudi Arabia to Up Crude Exports to Asia in October
With refining operations disrupted in the US, Saudi Arabia will increase exports to Asian markets in October, sources told Reuters. In September, Saudi Arabia slashed exports to the region, but, according to the sourc...
Kuwait Raises Asian Crude Prices
Kuwait will raise the price of its crude exports to Asia by $0.35 for the month of October, Reuters reports. It will sell its oil at a $1.05 discount to the Oman/Dubai benchmark, according to Reuters’ sources. Saudi A...
Saudi Maintains Near-Record Crude Output
Saudi Arabia has been reported to continue pumping at near-record levels to defend sales in Asia, its biggest market, amid an increase in global supply. In addition, Saudi Aramco, the state-run oil giant, said that bo...
