Egypt Receives 2 M Barrels of Iraqi Crude
Middle East Oil Refinery (MIDOR) will receive the Iraqi crude as the company decided to refine the amounts of crude on its own.
Middle East Oil Refinery (MIDOR) will receive the Iraqi crude as the company decided to refine the amounts of crude on its own.
EGAS decreased the natural gas amounts exported via Idku liquefaction plant to 500 million standard cubic feet per day (mmscf/d) instead of the 800 mmscf/d exported in March.
The agreement was signed at Atomexpo-2019 International Forum, taking place in Russia.
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The country has linked a total of 9.6 million households to the national gas grid so far since the project's initiation to the beginning of 2019.
Egypt has signed 32 power purchasing agreements (PPAs) for solar energy projects that are being conducted in Benban, Aswan to develop the biggest solar energy park in the world.
The consumption of electricity-generating plants increased gradually to reach the current 3.4 bcf/d, compared to 3.3 bcf/d consumed in March.
The complex is considered to be the biggest petrochemical project in the Middle East with an investment cost of $10.8 billion.
Egypt's natural gas production increased by around 300 mmscf/d, reaching around 6.9 bcf/d.
Development projects as well as the field's completion will directly contribute to commencing the production from Baltim field by Q3 2019.