export | Egypt Oil & Gas - Part 3

Egypt Exports 1.3 M Tons LNG via Idku in 2022

Through the gas liquefaction plant in Idku, Egypt has exported about 20 shipments of liquefied natural gas (LNG), estimated at 1.3 million tons, from the beginning of 2022 until mid-May, most of them are for the Europ...

Nord Stream 2 Prepares to Begin Exporting Gas to Europe

The operator of the Nord Stream 2 pipeline on the bed of the Baltic Sea announced that the first two lines of the project has been filled with technical gas pending approvals to start exports to Europe, Reuters report...

Iraq to Supply 1 M Tones of Oil to Lebanon Annually

The Iraqi Minister of Finance, Ali Allawi, has signed an agreement with the Lebanon’s Minister of Energy and Water, Raymond Ghajar, to supply Lebanon with fuel of 1 million tons per year from the surplus of its refine...

Qatar Sends First Oil Cargo to UAE After Restoring Ties

Qatar has exported first oil cargo to an Arabian Gulf neighbor since the United Arab Emirates along with other three Arab countries agreed to restore ties with Doha in January, according to Bloomberg. The shipment loa...

Oman’s Crude Oil Production Reaches 29.18 MM Barrels in September

Oman’s total production of crude oil and condensates reached around 29.18 million barrels, with a daily average of around 972,750 barrels in September, according to a report by the Omani Ministry of Oil and Gas, Times...

Yanbu South Terminal Upgrade Boosts Saudi Oil Exports by 3M b/d

An upgrade to Saudi Aramco’s Yanbu South Terminal (YST) has added 3 million barrels per day (b/d) to the export capacity of the Red Sea facility, the company announced in a press release. The YST facility contains a t...

Algeria Crude Exports Down 2.8% in Q1 2018

Algeria’s oil and gas exports fell 2.8% year-on-year (YOY) in Q1 2018 due to higher domestic consumption and lowered production, the energy ministry announced, according to Reuters. Exports for the first three months ...

Egypt to Reopen Damietta LNG Facility

The Ministry of Petroleum has reached an agreement with its partners in the Damietta liquefaction plant to gradually re-open the facility and export natural gas produced from Zohr in 2019, a source told Al Borsa. The ...

Iraq Exports 592m Barrels of Oil in 1H 2017

Iraq exported more than 592m barrels of oil since January, according to the Oil Marketing Company SOMO, one of the most important companies in the country’s oil sector. Iraqi daily exportation rate during the fi...

Saudi Heavy Crude Price to Asia to Increase by August

Saudi Arabia is aiming to raise prices for its exported heavy crude to Asia by August to the highest level in more than three years, according to Reuters. The country’s decision comes as refiner profits on churn...

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