condensate | Egypt Oil & Gas
Libya’s NOC to Increase Faregh Field Production
Libya’s National Oil Corporation (NOC) announced on November 11 the completion of its operational tests for the second development phase of Faregh field, according to Reuters. This will raise the gas production ...
UAE Replaces Qatar Condensate with US Oil Cargo
The United Arab Emirates (UAE) will import its first oil cargo from the United States (US), as the Gulf nation seeks alternative exporters to replace the Qatari condensate supplies after the current diplomatic conflic...
Dana Gas Completes First International Condensate Sale in Egypt
UAE’s Dana Gas Company stated that the firm has achieved an important milestone with the first international sale of condensate in Egypt under the Gas Production Enhancement Agreement (GPEA), according to Dana G...
Japan to Import Iranian Oil
Japanese traders, including Marubeni Corp and Sumitomo Corp, are looking to resume imports of Iranian oil, potentially by the end of 2016, Reuters reported. Conservative Japanese firms have so far held off taking Iran...
Egypt to Import $2.4b in LNG during 2017
Egypt is planning to import 120 liquified natural gas (LNG) cargoes in 2017, worth about $2.4b at current spot prices in Singapore, reported Bloomberg. Yet, these might be the last LNG shipments for the country as it ...
Iran Builds New Platforms at South Pars
Iran’s Pars Oil and Gas Company’s Managing Director (POGC), Ali Akbar Shabanpour, said final stages in the development of platforms 19A, 21 and 18B for the country’s South Pars giant gas field are underway...
Iran’s Oil Export Doubles to 3.8mb/d
Iranian Ministry of Petroleum announced that the country’s crude oil exports have doubled since Iranian President, Hassan Rouhani, took office in August 2013, reported SHANA. The country’s crude oil output has c...
South Korea Plans to Boost Iranian Oil Imports
South Korea plans to boost imports of Iranian oil, in particular condensate, which is a super light oil that can be processed into fuels and petrochemicals, to meet country’s growing demand, Reuters reported. Ir...
