Condensates | Egypt Oil & Gas - Part 3
Iran Cuts South Pars Condensate Production by 25%
National Iran Oil Company (NIOC) will cut South Pars condensate production in Q2 2018 by 25%, Platts reported. The state-owned company will now produce 350,000 b/d between April and June 2018. The use of condensate as...
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, Oil Price reports. The LNG exports increased despite the Gulf sanctions placed by Egypt,...
Egyptian Crude Reserves at 2.4B Barrels
Egypt possesses 2.4 billion barrels of oil and condensate reserves as of October 2017, a senior official at the Egyptian General Petroleum Corporation (EGPC) told Egypt Oil & Gas. In 2016, Egypt’s official reserve...
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%, Egypt Oil & Gas reports. Egypt’s production also de...
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, and reported by Iraqi News.... Egypt to Boost Crude Oil Production
The Egyptian Ministry of Petroleum and Mineral Resources plans to boost the country’s daily production of crude oil and condensates to 36 million tons which is equivalent to 705,000 barrels during fiscal year 20... Iran Discovers New Gas Field
Iran says it has discovered a new gas field close to the giant South Pars natural gas field, which it jointly shares with Qatar, Press TV reported. The field, called Sepand, has 1.5tcf of sweet gas, of which about 792...
AMOC to Buy Condensates from Dana Gas
Alexandria Mineral Oils Company (AMOC) has reached an agreement to buy condensates produced by Dana Gas. The agreement will be signed within a week, Al Shorouk informed, citing AMOC’s Chairperson, Amr Mustafa. A...
