Exports | Egypt Oil & Gas - Part 14

Iraq Mulls Exporting Oil via Turkey

Iraq’s government declared desire to hold talks with Turkey over the possibility of transporting oil once more from federal territory to reach a port located on the Mediterranean Sea.

Iran’s Oil Exports to India Reach 550,000 b/d

Iran's oil exports to India reached 550,000 b/d in December 2017, corresponding to a 78% increase from November 2017 and the highest volume since last March.

Petroleum Products Output Reach 28.9 M MT in 2015/2016

Egyptian output of petroleum products has increased by 6.3% in 13 fiscal years (FYs) to reach 28.9 million metric tons (MT) in FY 2015/2016, compared to 27.1 million MT in FY 2002/2003.

Iran to Export Natural Gas to Basra

Iran is likely to start exporting natural to the city of Basra in southern Iraq can in March 2018, National Iranian Gas Company's Managing Director, Hamidreza Araqi, stated.

Petroleum Imports Dip by 37.2% Y.o.Y.

Year-on-year oil imports decreased in value by 37.2% in September, falling from $452 million in September 2016 to $284 million in September 2017.

OPEC Oil Production Drops to Lowest Levels Since May

Oil production of the Organization of the Petroleum Exporting Countries (OPEC) dropped in November 2017, by 300,000 barrels per day (b/d) to reach its lowest output since May 2017.

Algeria’s Oil & Gas Revenues Rise 19%

Algeria reported a 19% increase in its oil and gas exports during the first three quarters of 2017.

Saudi Arabia to Cut Exports by 560K b/d in November

Saudi Arabia will cut crude shipments by 560,000 barrels per day (b/d) in November.

Iraqi, Iranian Exports Rise in September

Both Iraq and Iran increased their crude oil exports in September.

Iranian Crude Exports to S Korea Rise 40.2%

South Korea’s crude imports from Iran and Saudi Arabia rose in August.

Page 14 of 22

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