Egypt Adds 240,000 b/d of Crude Oil in 2018
The Egyptian oil and gas sector added 240,000 barrels per day (b/d) of crude oil to production in 2018, according to a source at the Ministry of Petroleum.
The Egyptian oil and gas sector added 240,000 barrels per day (b/d) of crude oil to production in 2018, according to a source at the Ministry of Petroleum.
Crude oil and condensates production in Oman have exceeded more than 30 million barrels with a daily average of 1.14 million barrels in November 2018.
Egypt's natural gas production will increase to 8 billion cubic feet per day (bcf/d) by 2021, up 29% from 6.2 bcf/d currently.
Kuwait National Petroleum Company (KNPC) plans to spend around $25 billion to increase the refining capacity to 2 million barrels per day (b/d) by 2035.
The Egyptian Ministry of Petroleum and Mineral Resources is aiming to increase crude oil production by 10,000 barrels per day (b/d) by the beginning of 2019.
Egypt’s crude oil and condensates production increased to 660,000 barrels per day (b/d) in October 2018.
Saudi Aramco has signed a long-term agreement with Chinese Zhejiang Rongsheng for a supply of crude to the company’s new refinery in eastern China.
Alexandria Petroleum Company refined around 4.3 million tons of crude oil during fiscal year (FY) 2017/18.
The Gulf of Suez Petroleum Company's (GUPCO) produced an average of 71,000 barrels per day (b/d) of crude oil and condensates in fiscal year (FY) 2017/18 from its field in the Gulf of Suez.
Iraq's State Oil Marketing Organization (SOMO) has raised its oil selling price for July exports of Basra Light and Basra Heavy crude grades to Asia.