Exports | Egypt Oil & Gas - Part 12

Egypt’s Trade Deficit Falls 10.1% YOY: CAPMAS

Egypt's trade deficit decreased by 10.1% year-on-year (YOY) in September 2018 to reach $3 billion, compared to $3.35 billion in September 2017.

Omani Oil Production Exceeded 30M Barrels in November 2018: Report

Crude oil and condensates production in Oman have exceeded more than 30 million barrels with a daily average of 1.14 million barrels in November 2018.

AMOC in Talks with International Refining Company over 300,000 tons Mazut/Year

Alexandria Mineral Oils Company (AMOC) is in talks with an international refining company to sign contracts for selling 300,000 tons of mazut on a yearly basis.

Egypt to Export 150 mmscf/d Natural Gas to Jordan in December

The Egyptian Ministry of Petroleum will increase natural gas exports to Jordan to 150 million standard cubic feet per day (mmscf/d) by the end of 2018.

Minister: Iraq to Increase Oil Output and Exports

Iraq is planning to increase its output and exports of crude in 2019, Iraqi Oil Minister Thamer Ghadhban has said.

Petroleum Exports Profit Increases by 33.14% YOY

Egypt's petroleum exports profit increased by around 33.14% year-on-year (YOY) as the country exported petroleum worth $8.773 billion in fiscal year (FY) 2017/18, compared to $6.5895 billion during 2016/17.

Abu Qir Fertilizer Company Records EGP 8.3B Revenue

Abu Qir Fertilizer and Chemical Company recorded revenues of EGP 8.3 billion.

Iran to Build Oil Storage Facility at Gulf of Oman

A National Iranian Oil Company (NIOC) subsidiary has signed an agreement with a domestic firm to construct a $232-million crude storage facility near Iran’s southeastern port of Jask.

Iraq to Raise Oil Production to 7.5 M b/d by 2024: Oil Minister

Iraq oil minister Jabar al-Luaibi stated that Iraq plans to raise oil production to more than 7.5 million barrels per day (b/d) by 2023-2024.

Iran Prepares to Allow Private Companies to Export Oil

Iran is looking towards private companies to export its oil as part of its strategy to counter US sanctions, state media and officials announced on July 1.

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