EU | Egypt Oil & Gas - Part 8

IEA: Iran to Add 500,000b/d of Oil from Existing Fields in 2016

Iran is expected to add 500,000b/d of oil supply within a year from its existing oilfields, but developing new fields would take time, the Head of the International Energy Agency (IEA), Fatih Birol, said.

EU Approves Trans-Adriatic Pipeline Deal

The European Union has approved a deal between Greece and the Trans-Adriatic Pipeline (TAP), which will bring gas from Azerbaijan to Europe.

Norway to Develop Arctic Gas Reserves, Seeking EU Commitment

Norway, Europe’s second biggest gas supplier after Russia, is planning to develop its northernmost reserves in the Arctic, but hinges on a commitment by the European Union to make the fuel part of its strategy to cut ...

EU Seeks Power over States’ Gas Contracts with Gazprom

The European Commission (EC) has proposed a draft bill to enable Brussels to assess and potentially vet all intergovernmental gas contract drafts that the EU countries would aim to conclude with Russia prior to the s ...

EU Expects Nuclear Sanctions on Iran Lifted Soon

The EU expects sanctions on the Islamic Republic to be lifted shortly as Iran's efforts to implement the July 2015 nuclear deal are proceeding in line with the terms of the agreement and according to the schedule.

Algeria, EU Prioritize Renewable Energy and Energy Efficiency

Algerian-EU energy cooperation scheme envisions new plans for development and investment in energy efficiency and renewable energy.

Russia’s Gas Export to EU Countries Increased 8% in 2015

Russia's state-run gas producer, Gazprom, announced that its natural gas exports to Europe had risen by almost 8% to 159.4bcm in 2015, despite EU sanctions imposed on Moscow in retaliation for Russia's annexation of ...

Turkmenistan Commissions East-West Gas Pipeline

Turkmenistan has commissioned its East-West gas pipeline worth $2.5b with a capacity of 30bcm/year connecting abundant gas fields in the Caspian Sea with an aim to improve the country's gas export efficiency.

Egypt Opens MENA’s Largest Wind Farm

Egypt announced on November 30th the opening of the region’s largest wind farm in the Gabal al-Zeit area near the Red Sea. The wind farm is estimated to bring between 150 and 200 megawatts to the Egyptian electricity ...

Russia Halts Gas Supplies to Ukraine

Disputes between Moscow and Kiev reemerged last week amid Gazprom's disruption of gas supplies to Ukraine, Kiev's ban on Russian planes flyovers, and a recent explosion of power lines on Russian-annexed Crimea.

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