Exports | Egypt Oil & Gas - Part 14

EGPC Exports Bunker Fuel to Europe

The Egyptian General Petroleum Corporation is shifting into exporting bunker fuel instead of importing high sulfur fuel oil from Europe.

ELAB Exceeds Production Expectations in 2017

The Egyptian Linear Alkyl Benzene Company produced 116,000 tons of linear alkyl benzene during 2017, exceeding the planned output by 16%.

Iran LPG Exports Drop in February

Iran’s liquified petroleum gas (LPG) exports decreased to between 358,500 tons and 402,500 tons in February 2018, Iran Daily reported.

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.

Page 14 of 23

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