China | Egypt Oil & Gas - Part 19
Egypt, China to Swap Currency
Egypt reached a currency swap agreement with China valued at $2.7b, brining Egypt closer to achieving the conditions required to receive a $12b loan from the International Monetary Fund (IMF).
CNPC Shipped 2mb of Oil from Iran
China National Petroleum Corporation (CNPC) announced the first shipment of oil from its investment project in North Azadegan oil field in Iran.
Angola Exported The Most Oil to China
Angola became China's largest crude supplier for the second time in September, taking the top position from Russia.
Tanzania to Operate Gas Pipeline for 90 Years
The Project Manager for Tanzania’s 542km gas pipeline from Mtwara to Dar es Salaam, Allan Slowe, said the pipeline’s lifespan will extend from 30 to 90 years.
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.
