China | Egypt Oil & Gas - Part 18
Sudan, China to Renew Oil PSA
Sudan and China discussed the renewal of the production sharing agreement (PSA) for Block B2 oil field in Heglig, located in the Sudan’s southern regions.
Libya Shipped Oil from Zueitina
Libya's Zueitina oil terminal loaded its first cargo since 2015 with 800,000 barrels of oil for export to China. Ionic Anassa tanker, loaded with the shipment, departed the terminal in early October.
China to Invest in Nigeria’s Oil, Gas
Nigeria expects to get as much as $4b in investment facilities for oil industry infrastructure as a 40-member Chinese investment team arrives the country at the end of October
Iran to Sell 1m Barrels of Crude to Hungry
Iran will export 1m barrels of crude oil to Hungry during November.
Zimbabwe Resorts to Solar Energy for Rural Farming Areas
Zimbabwe signed a memorandum of understanding with China’s Shandong Dejian to develop solar milling plants in rural areas worth around $200m.
Saudi, China to Invest $4b in Petchem Project
Saudi Basic Industries Corp (SABIC) expects the company's greenfield petrochemical complex in Ningxia Hui Region of China to cost $3-4b and be finalized by 2020.
Saudi Arabia Signed 15 Agreements with China
Saudi Arabia signed 15 preliminary agreements with China, late August, upon Deputy Crown Prince, Mohammed bin Salman's visit and meeting with China's Vice Premier, Zhang Gaoli.
Oman’s Crude Exports Grew by 6.2%
Oman’s crude oil exports grew by 6.2% during the first seven months of 2016. However, the average price of Omani crude fell by 39.9% in the overseas markets during the same period of time, resulting in a net revenue ...
