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.
Exports | Egypt Oil & Gas - Part 13
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.
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 and Chemical Company recorded revenues of EGP 8.3 billion.
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 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 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.
The total value of Egypt’s fuel exports increased by $260 million year-on-year (YOY) in Q1 2018.
Saudi crude exports fell to 7.122 million barrels per day (mb/d) in March 2018 from 7.251 mb/d in February.