Exports | Egypt Oil & Gas - Part 20

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.

Nasr Petroleum Exports $296m Worth of Petroleum Products

Mohamed Orabi, Chairman of the Nasr Petroleum Company (NPC), confirmed that his company had refined about 2.5m tons of crude during the 2014-2015 fiscal year.

Norwegian Firm Eager to Boost Iranian Recovery Rates

"Iran offers interesting opportunities at such time as international sanctions are removed," announced Norwegian oil firm DNO

Libya to Get Electricity from Egypt

According to the Tripoli Government - Which is not an officially recognized government- Libya will import electricity from Egypt and Tunisia and rent generators as it struggles with power outages that have plunged it ...

Algeria Cuts Spending, Energy Revenues Falls

Algeria will trim spending in its 2015 budget by 1.35 percent, expecting a slump in oil prices to reduce its energy earnings 50 percent, the government said on Thursday.

Iran Gasoline Plans Held Back by Rising Local Demand

Iran’s gasoline consumption rose in the first quarter of this year which began on March 21 despite the country’s cancellation of subsidized fuel to motorists

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