export | Egypt Oil & Gas - Part 8

Russia’s Gazprom Expects Around $28b Revenues in 2016

Russia’s Gazprom expects revenues to be at around $28b this year if the rouble rate averages 65 per US dollar, Deputy Chief Executive, Alexander Medvedev, told reporters according to Reuters. However, he did not...

Turkey, Israel Close to Ink Gas Deal

Turkey and IsraelĀ are on the verge of signing an energy deal, allowing the latter to export its natural gas, Israeli Minister of National Infrastructure, Energy, and Water Resources, Yuval Steinitz, said, according to...

Tanzania Invests $300m to Export Electricity to Kenya, Zambia

Tanzania is planning a $300m energy project to export electricity to Kenya and Zambia, which is expected to be completed within the next two years, All Africa reported. Work, financed by the African Development Bank (...

Tehran to Ink Gas Oil Export Deal with Iraq

Iran and Iraq are expected to sign an agreement for export of 2m tons of gas oil to Iraq, which will turn the neighboring country into largest buyer of the Iranian oil product, the Mehr News Agency reported. National ...

Iraq Marks First Historical Natural Gas Export

Iraq exported the first shipment of 10,000cm of natural gas in its history in March, which marks a key development for the OPEC member struggling to feed its cash-strapped economy amid an expensive fight against the s...

Exxon Mobil Records First US Crude Export

After a 40-year ban on US oil exports was lifted, Exxon Mobil Corporation became the first major American oil company to export crude oil trying to ease the crisis in the oil market in the US, together with other oil ...

Russia’s Rosneft to Increase Oil Deliveries to Europe by 3%-5%

Russia’s largest oil producer Rosneft plans to increase oil deliveries to European customers via the Druzhba pipeline to 28.7-29mmt/year in 2016, or by 3% to 5% year on year, as part of its strategy to strengthe...

Djibouti Launches Mega Gas Project

President of Djibouti, IsmaĆÆl Omar Guelleh, laid the foundation stone for a new mega-gas project for the export of Ethiopian gas, comprising a natural gas pipeline, a liquefaction plant and an export terminal at Damer...

South Korea Plans to Boost Iranian Oil Imports

South Korea plans to boost imports of Iranian oil, in particular condensate, which is a super light oil that can be processed into fuels and petrochemicals, to meet country’s growing demand,Ā ReutersĀ reported. Ir...

ISIS Bombed Egypt-Jordan Gas Pipeline

Ansar Beit Al Makdes, an ISIS affiliate, have bombed a main natural gas pipeline in Al Arish area in Egypt’s Sinai. The assailants placed explosive devices under the pipeline and activated them remotely, an action whi...

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