Exports | Egypt Oil & Gas - Part 19

CAPMAS: Petroleum Exports Drop by 38%, Imports Increase by 4.7%

Exports of petroleum products have notably declined in August, dropping by 38% to reach $310.2m in comparison to $500.6m during the corresponding period last year, according to the Central Agency for Public Mobilizat ...

Nigeria’s Crude Exports Record a High

Nigeria exported 64.86 million barrels, or 2.09 million b/d, of oil including condensates in July, down from the 1.98 million b/d in June.

Iran Oil Exports to Sri Lanka in the Offing

Iran and Sri Lanka have begun new talks to resume oil shipments to the Asian country, head of the National Iranian Oil Company (NIOC) Roknoddin Javadi says.

Libya Resumes Oil Exports from Zueitina Port

Libya has begun exporting oil again from the eastern terminal of Zueitina after production restarted at a nearby oil field, Libyan oil officials said Thursday, in a rare sign of progress in that country’s embattled i ...

Iran, Armenia Expanding Gas and Electricity Exchanges

Alireza Kameli, Managing director of the National Iranian Gas Export Company (NIGEC), announced that his country is ready to increase natural gas exports to Armenia

East Libya Government Threatens to Stop Oil Shipments

The East Libyan government has announced it may prevent oil shipments if the deals are negotiated through Tripoli, Bloomberg

Nigeria Resumes Crude Exports to US

After flows of Nigerian crude to the US during past June and July were partly driven by high prices for domestic light sweet crudes, in September a few Nigerian cargoes were heading to US refineries.

Iraq’s Planned Export Push Depends on Basra Crude

According to Reuters Iraq is aiming to export a record volume of Basra crude from its southern terminals in October during the current price war being fought between Saudi Arabia, Kuwait, and Iran.

Iran Hopes to Stabilize Oil Prices in Face-Off with Saudi

According to Gulf News, Iran has projected average oil prices at $42 to $50 per barrel in a draft budget bill for the year to March 2017.

Egypt to Double Natural Gas Production by 2018

A study by the Egyptian Center for Economic Studies (ECES) forecasts that due to recent gas discovery, Egypt will be able to double its natural gas production by 2018.

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