China | Egypt Oil & Gas - Part 24
Djibouti Launches Mega Gas Project
Republic of Djibouti and Ethiopia have launched a new $4b mega-gas project for the export of Ethiopian gas. This will become the second major joint energy infrastructure project between the two countries.
National Bank of Egypt Receives $700m Loan from China
The National Bank of Egypt (NBE) has received a $700m (EGP 5.5b) loan from the China Development Bank to finance infrastructure projects in energy and other sectors.
China Marks First-Ever Ultra Deepwater Gas Discovery
China's China National Offshore Oil Corp (CNOOC) said it had tapped country's first ultra-deepwater natural gas discovery in the northwestern part of the South China Sea. An "ultra-deep" well is categorized as one th ...
Brazil’s Petrobras Secures $10b in Chinese Loan to Pay Debts
The integrated Brazilian energy company Petrobras has secured a $10b loan from the China Development Bank (CDB) in exchange for supplying petroleum to Chinese companies or to be repaid in cash.
Sudan in Talks with China to Develop its First Gas Pipeline
Sudanese Oil Minister, Mohamed Zayed Awad, held discussions with officials from the state-owned China National Petroleum Corporation (CNPC) to build the first gas pipeline in Sudan and to develop crude and gas indust ...
China Directs Record Crude Imports to Boosting its Fuel Exports
China, the world's second largest oil consumer, has filed a record high crude imports of nearly 9% in 2015, enlarging its domestic reserves, while projecting to increase exports of refined oil products, as its domest ...
Iran Starts Nuclear Power Cooperation with Russia and China
Iran is launching nuclear power cooperation with Russia and China following the end of sanctions. Tehran will launch work on the second and third power units at the Bushehr nuclear power plant, in cooperation with Ru ...
China to Build Two Coal Power Plants in Egypt
China to build two coal fired power plants and a transmission grid in Egypt.
