Condensates | Egypt Oil & Gas - Part 3

Qatari LNG Delivery Rate Grows Despite Sanctions

The rate of Qatar’s liquified natural gas (LNG) delivery increased due to the country’s efforts to expand its huge LNG industry.

Egyptian Crude Reserves at 2.4B Barrels

Egypt possesses 2.4 billion barrels of oil and condensate reserves as of October 2017.

Egypt’s Consumption, Production of Hydrocarbons Falls

Consumption of crude oil, condensates, and butane fell to 3.02 million tons in June from 3.49 million tons in June 2016, a year-on-year (y-o-y) decline of 13.5%.

Iraq Announces Gas Liquids, Condensates Exports

Iraq’s exports of gas liquids and condensates reached 59,370 tons and 356,008 cubic meters respectively during the first half of 2017, announced the Iraqi Oil Minister, Jabar Ali al-Luaibi.

Egypt to Boost Crude Oil Production

Ministry of Petroleum plans to boost daily production of crude oil and condensates to 36 million tons.

Iran Discovers New Gas Field

The field, called Sepand, has 1.5tcf of sweet gas, of which about 792bcf could be recoverable.

AMOC to Buy Condensates from Dana Gas

AMOC aims to refine 1,500b/d of Dana Gas’ condensates in its refineries for two months, increasing the amount of condensates to 4,000b/d thereafter.

Iran Sells All Floating Storage Barrels

According to tanker tracking and oil sources, Iran sold the last stocks from its floating storage in the past two weeks.

Apache Uncovered 7 New Oil,Gas Discoveries in Egypt

Egypt's Khalda Petroleum Company (Apache) uncovered 7 new oil and gas discoveries in the country's Western Desert area during fiscal year 2015/2016, in addition to drilling 50 new wells and completing work on 191 wel ...

Abu Petroleum Company Confirms Abu Qir 3 Area Reserves

North Abu Qir3 area's 500bcf gas reserves and 20mb oil reserves are expected to push Abu Qir Petroleum's gas production to reach 300mcf/d and oil production to 7000b/d of condensates and 270 tone of butane daily.

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