Exports | Egypt Oil & Gas - Part 16
Nigeria Loses Oil buyers to the US
While Nigeria has been struggling to recover from the militant attacks that affected its crude oil productions and exports, the US crude oil exports emerged into markets that Nigeria used to dominate.
Southern Iraq Exports 3.163mb/d of Oil in March
Iraq’s March production has been reduced by more than its share of 210,000b/d from its southern fields, while northern production has been reduced by around 30,000-40,000b/d so far in March from February.
Angola Takes 2 Cargoes Out of May Exports
Angola's state-run Sonangol has reduced its May exports by taking two cargoes out of circulation.
Oman to Reduce Exports to Asia by 15%
Non-OPEC producer Oman has notified its term customers in Asia that it will reduce supplies by 15% from June to meet local demand and as part of its commitment to cut output under a producers' agreement.
Iran Plans to Boost Oil Exports to Europe
Iran says it expects to increase exports of crude oil to Europe to as high as 800,000b/d by May. The country currently supplies Europe with 500,000b/d of crude oil.
Zambia’s Exports to India Reach $475m
Zambia’s exports to India reach $475m of total $300b of the country’s global imports between 2015 and 2016.
Iraq to Double Its Offshore Terminal Capacity
Iraq has started work to double the crude oil loading capacity at one of its two southern offshore oil export terminals to 1.2mb/d.
Iran to Sell Crude at $50/b During 2017/2018
Iran expects to sell its crude oil at around $50/b over the next Iranian calendar year that starts on March 21, 2017.
