Exports | Egypt Oil & Gas - Part 10

Omani Oil Production Exceeds 30 MM Barrels in July

Oman’s crude oil and condensates production reached around 30.1 million barrels during July, with a daily average production rate of 970,682 barrels.

Al Manar Group Plans 35% Production Hike in 2019

Al Manar Group's factory in the 6th of October City has reached a production capacity of about 5,500 tons a year.

Iraq’s Southern Oil Exports Reach 3.42 MM b/d in July

Iraq’s oil exports from its southern ports have reached 3.42 million barrels per day (b/d) since the beginning of July.

Egypt Records First Hydrocarbon Trade Surplus in 5 Years: CBE

Petroleum exports amounted to $3.2 billion while imports stood at $2.4 billion during Q4 2018.

Egypt to Export 12 M Tons of Natural Gas in FY 2019/20

Egypt is expected to export around 12 million tons of natural gas for $2 billion in fiscal year (FY) 2019/20, compared to 4 million tons exports for $589 million in FY 2018/19 budget plan.

Idku Gas Exports Decrease to 500 mmscf/d

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.

Egypt to Double LNG Exports by End of 2019: El Molla

Egypt plans to double its exports of liquefied natural gas (LNG) by the end of 2019 to reach 2 bcf/d.

Al-Manar Group Plans to Boost Exports to 10%

Al-Manar Group plans to boost its exports to 10% in 2019, as the company increases its lubricant production capacity and supplies them to a number of new Arab and African markets.

Oil Trade Balance Records $150.8 M Surplus in H1 FY 2018/19

Oil goods exports grew by 18.4%, recording $14.3 billion in H1 FY 2018/19 compared to $12.1 billion in H1 FY 2017/18, which contributed to decreasing the deficit in the balance of trade.

MIDOR Refines 43.8 M Barrels of Oil in 2018

The company produced 5 million tons of different high quality petroleum products that meet global standards.

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