crude export | Egypt Oil & Gas
Nigeria to Stop Importing Fuel by 2019
Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, stated that the country will stop importing refined petroleum products by 2019, reported All Africa News. Kachikwu explained that the Federal Governmen...
Iraq’s KRG Exported 625,000b/d of Oil
Iraq’s Kurdistan Regional Government (KRG) exported 625,000b/d of oil to Ceyhan Port in January 2017, Ekurd Daily informed. According to a document obtained by NRT TV, the KRG’s Ministry of Natural Resources (MN...
Nigeria Exported 42% of Crude to India, Spain, Netherlands
Nigeria sold 42% of its total annual crude oil exports, which amounted to 320m barrels, to India, Spain and, the Netherlands, from June 2015 to May 2016, Nigeria Today reported citing a report issued by the Nigerian N...
Iraq to Boost Basrah Crude Oil Export
Iraq will export 3.257mb/d of Basrah crude oil in September, up 13% from August, with both Basrah Light and Basrah Heavy seeing a rise in volumes, S&P Global Platts reported. The September program includes 2.324mb...
Iran, Russia Compete over Indian Refinery Supply
India’s Essar Oil Ltd, the country’s largest refiner, expects to lower crude purchases from Iran after shipments from OAO Rosneft begin once the Russian state producer completes a deal to buy a 49% stake in the ...
Saudi Arabia Drops Oil Prices for Asian Markets
Saudi Aramco, the state-controlled oil company, has cut its official selling price (OSP) for its benchmark Arab Light Grade for September-loading cargoes to Asia by $1.30 a barrel to a discount price of $1.10 to the r...
Iraq Exported Near-Record Crude in March
Iraq exported near-record amount of crude in March from its southern ports reaching to around 3.286mb/d, up from 3.225mb/d in February, Oil Ministry informed as Al Arabiya reported. Previously, the country had seen r...
Kuwait Aims to Raise its Crude Oil Production
Kuwait plans to raise its crude oil production by 150,000b/d in Q3 2016 and aims to sign new export deals with European and Asian customers, Nabil Bouresli, Managing Director of International Marketing at Kuwait Petro...
