crude oil | Egypt Oil & Gas - Part 12

Asian Imports of Iranian Oil Fell by 2%

Imports of Iranian crude by its four main buyers in Asia fell 2% in May 2017 from a year ago.

Iran Boosts loading Capacity at Its Largest Oil Terminal

The Kharg oil terminal in Iran has increased its crude oil loading capacity to 8mb/p.

Kuwait Boosts Crude Oil Exports to China

Kuwait’s crude oil exports to China in the first five months of 2017 grew 5.6% from the same period of 2016.

Nigeria’s Crude Oil Exports to Reach 1.84mb/d

Nigeria’s crude oil exports are expected to reach 1.84mb/d in July, slightly higher month-on-month, due to a recovery in Forcados exports.

Saudi Arabia to Reduce Oil Volumes to Asia in July

Saudi Arabia, the world's top oil exporter, will limit volumes of crude oil to some Asian buyers in July.

Kuwait Becomes Japan’s Third Crude Oil Provider

Kuwait became Japan’s third-biggest crude oil supplier in April, providing 7.71mb, or 257,000b/d.

Rosneft to Raise Crude Output if OPEC Deal Ends

Rosneft has served notice that it will step up production in the event of a sudden end to the OPEC agreement.

Kenya to Export Oil to China, India

China and India are going to import oil from Kenya under a test program that will be launched in June, in opposition to a prior announcement stating that Kenya would be exporting its oil to buyers in Europe.

MENA Oil Exports to South Korea Increased

South Korea monthly imports reached 2.26m tons of crude oil from Iran and 3.52m tons oil from Saudi Arabia during March.

Kenya Approaches Saudi Arabia for Cheaper Crude Oil

Kenya is discussing it's desire to import crude oil from Saudi Arabia along with its plan to import cheaper crude to be refined locally.

Page 12 of 26

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