crude oil | Egypt Oil & Gas - Part 22
Egypt Pays Off Dues for Imported Oil, Gas
The Egyptian Ministry of Petroleum and Mineral Resources announced that Egypt had paid all its due bills for the purchase of imported crude oil and natural gas from foreign companies for the fiscal year 2015-2016. The...
Sasol Expands Oil, Gas Output in Mozambique, Gabon
South African energy and chemicals group Sasol has increased its natural gas, condensate, and crude oil production in Mozambique and Gabon, IOL reported. The company’s natural gas output from Mozambique grew from 11. ...
Iran Plans to Seal Long-Term Oil Sales with Europe
Director for International Affairs of the National Oil Company (NIOC), Mohsen Qamsari, said that Iran is working on a program that helps convert its spot oil purchase contracts with European partners into long-term ag...
Kenya, Uganda Negotiating Crude Pipeline
Kenya and Uganda are in talks over a separate crude pipeline to facilitate Uganda’s oil export to Kenya’s coastline, as transport cost is expected to increase over preliminary negotiated Uganda-Tanzania ro...
Egypt Decreased Kuwaiti Crude Imports
The Egyptian Ministry of Petroleum announced that the crude oil import from Kuwait has decreased from 3mb/month to 2mb/month, according to Al-Borsa News. The payment for the imported crude stretches over nine month....
Tanzania, Uganda to Complete Oil Pipeline in 2020
Tanzania plans to complete the building of a crude oil pipeline from Uganda in 2020 at a valued cost of $3.5b, Reuters reported. The Tanzanian Ministry of Energy and Minerals stated that “the pipeline will have ...
Japan to Invest $10b in Iran
Japan and Iran have signed a bilateral agreement for $10b debt guarantee investments in various sectors in the country, after Tokyo lifted trade sanctions against Tehran. Petroleum and other energy sectors are viewed ...
Putin to Boost Oil Output via Arctic Gate Terminal
Russian President, Vladimir Putin, has ceremoniously opened the Arctic Gate marine oil terminal on the Yamal Peninsula, which is to provide access for Russia’s Arctic-sourced crude to both European and Asian mar...
