China | Egypt Oil & Gas - Part 13

ADNOC Inks Sales Agreement with China for Base Oil

The agreement supports ADNOC’s plan to enhance its downstream sector and petrochemical operations.

Saudi Arabia to Increase China’s Oil Exports

The Kingdom's crude exports to China is expected to increase, reaching 1.5 million b/d during Q1 2019, up from one million b/d at the same period a year before.

Saudi Arabia to Establish $10 B Refining Complex in China

Trade between the countries increased by 32% last year.

Algeria Signs $6B Phosphate Deal with China

Algeria signed a deal worth $6 billion with China to establish a phosphate plant on November 26.

Saudi Aramco Agrees 2019 Supply Deal with China’s Hengli Petchem

Saudi Aramco has agreed to supply 130,000 barrels per day (b/d) of crude to private Chinese chemical group Hengli Petchem for 2019, Aramco’s second major marketing alliance with a private Chinese refiner.

China’s Sinopec Signs Crude Supply Deal with Kuwait for 2019

Chinese oil major Sinopec has signed a 2019 annual deal to purchase crude oil from the Kuwait Petroleum Corp (KPC) on October 8.

Petroleum Ministry Eyes Chinese Investment Opportunities

Egypt has promising investment opportunities with China in the fields of energy, oil and natural gas, stated Ashraf Farag, deputy minister of petroleum for agreements and exploration.

US to Give Eight Nations Oil Waivers for Iran Sanctions

The US has granted eight Iranian oil importers temporary waivers from the sanctions set to be imposed upon the country’s energy sector on November 5.

Zhenhua Oil to Sign JV Agreement with Iraq’s SOMO

China's Zhenhua Oil is expected to sign an agreement with Iraq’s State Oil Marketing Organization (SOMO) to establish a joint venture (JV) company.

KPC Signs Oil Supply Contract for Chinese Refinery

The Kuwait Petroleum Company (KPC) has signed a contract to supply crude oil to a privately owned Chinese oil refinery.

Page 13 of 40

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