Exports | Egypt Oil & Gas - Part 16

Exports | Egypt Oil & Gas - Part 16

Iraq Announces Gas Liquids, Condensates Exports

Iraq’s exports of gas liquids and condensates reached 59,370 tons and 356,008 cubic meters respectively during the first half of 2017, announced the Iraqi Oil Minister, Jabar Ali al-Luaibi.

Saudi Arabia to Curb Oil Exports in August, Reducing Shipments to US

Saudi Arabia will limit its oil exports in August by more than 600,000 b/d to satisfy the growing domestic demands while committing to the OPEC’s agreement to curb production.

Asian Imports of Iranian Oil Fell by 2%

Imports of Iranian crude by its four main buyers in Asia fell 2% in May 2017 from a year ago.

OPEC will not Rush into Further Output Cuts

OPEC will not rush into making a further cut in oil output or end some countries' exemptions to output limits.

Iran’s Oil Output Stands at 4mb/d

Iranian daily oil production reached 4mb in late April 2017.

Nigeria’s Crude Oil Exports to Reach 1.84mb/d

Nigeria’s crude oil exports are expected to reach 1.84mb/d in July, slightly higher month-on-month, due to a recovery in Forcados exports.

Algeria Completed New Natural Gas Pipeline

Sonatrach has completed a new natural gas pipeline as it tries to meet local demand and increase exports.

Iraqi Fuel Oil Exports Rise Despite OPEC Cuts

Iraqi fuel oil exports have risen since the beginning of 2017 despite the country’s commitment to curb production in line with OPEC supply cuts.

Iran Exports 3.05mb/d of Oil and Condensates

Iran's crude oil and condensate exports reached 3.05mb/d in the last Persian month, from which 2.265mb/d consisted of crude oil alone.

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.

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