Iraqi Oil Exports Fall to 96 M Barrels
Iraq exported around 96 million barrels of oil in February 2018, generating revenues of $5.726 billion, the oil ministry has announced.
Iraq exported around 96 million barrels of oil in February 2018, generating revenues of $5.726 billion, the oil ministry has announced.
The Saudi Arabian Ministry of Energy has announced that crude exports will remain below 7 million barrels per day (mb/d) and crude production will stay under 10 mb/d during April 2018.
The Egyptian General Petroleum Corporation is shifting into exporting bunker fuel instead of importing high sulfur fuel oil from Europe.
The Egyptian Linear Alkyl Benzene Company produced 116,000 tons of linear alkyl benzene during 2017, exceeding the planned output by 16%.
Iran’s liquified petroleum gas (LPG) exports decreased to between 358,500 tons and 402,500 tons in February 2018, Iran Daily reported.
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 reached 550,000 b/d in December 2017, corresponding to a 78% increase from November 2017 and the highest volume since last March.
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 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.
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.