Egypt Grabs 1% of the International LNG Exports Market in 2019
Egypt's share of international Liquified natural gas (LNG) exports market jumped to 1% in 2019 after exporting about 3.5 million ton (MT), a 2 MT increase compared to 1.4 MT in 2018.
Egypt's share of international Liquified natural gas (LNG) exports market jumped to 1% in 2019 after exporting about 3.5 million ton (MT), a 2 MT increase compared to 1.4 MT in 2018.
Official data issued by the Joint Organizations Data Initiative (JODI) on 18 February, showed that Saudi Arabia’s crude exports stood at 7.373 million barrels per day (bbl/d) in December since the previous month.
Egypt’s oil and gas sector managed to implement a number of new projects in the petrochemicals industry, execute an expansion strategy in infrastructure, in addition to following a plan to accelerate the delivery ...
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's factory in the 6th of October City has reached a production capacity of about 5,500 tons a year.
Iraq’s oil exports from its southern ports have reached 3.42 million barrels per day (b/d) since the beginning of July.
Petroleum exports amounted to $3.2 billion while imports stood at $2.4 billion during Q4 2018.
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.
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 plans to double its exports of liquefied natural gas (LNG) by the end of 2019 to reach 2 bcf/d.