Egyptian Gas Officially Reaches Jordan
Egypt has started exporting around 165 million standard cubic feet per day (mmscf/d) of natural gas to Jordan in order to cover gas supply in electricity generation.
Egypt has started exporting around 165 million standard cubic feet per day (mmscf/d) of natural gas to Jordan in order to cover gas supply in electricity generation.
The country's exports did not have any amounts sent through pipelines in fiscal year (FY) 2017/18.
Egypt started increasing exported natural gas to Jordan to around 100 million standard cubic feet per day (mmscf/d) to secure the needs of the Jordanian electricity generating plants.
Egypt's petroleum trade deficit dropped by 29% year-on-year (YOY) in Q1 of fiscal year (FY) 2018/19, recording -$688.1 million, compared to -$970.4 million in same period of 2017/18.
Egypt’s liquefied natural gas (LNG) exports via the Idku liquefaction plant have increased by 73.3% since November to reach 520 million standard cubic feet per day (mmscf/d).
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.
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.
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.
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.
Iraq is planning to increase its output and exports of crude in 2019, Iraqi Oil Minister Thamer Ghadhban has said.