Exports | Egypt Oil & Gas - Part 21

Post-Sanction Iran May Push Russian Oil Out of the Way

In Iran’s push for a nuclear deal, it’s had few better allies than Moscow

Saudi Varying Crude Prices Targeted to Asian Market

Top oil exporter Saudi Arabia is expected to cut monthly prices for medium and heavy grades it sells to Asia in August on weaker fuel oil cracks, while keeping the price for its flagship light crude little changed

Iran Expanding its International LPG Ambitions

Iran is hoping to ramp up its sales of liquefied petroleum gas (LPG) after doubling the country’s fleet of carriers for shipment of the fuel to the international market

Israel’s Offshore Gas Exports Face Possible Delays

Gas production at the Leviathan field offshore Israel is now expected to start in 2020, delayed from the latest estimate of early 2018

Saudi Refineries Eat Away at Crude Export Figures

Saudi Arabia’s April crude exports fell by 161,000 b/d as domestic refiners processed more crude, official data showed.

Saudi, UAE to Switch from Importing to Exporting Motor Fuel

Middle Eastern oil producers Saudi Arabia and the United Arab Emirates will sharply cut or even halt costly gasoline imports next year after ramping up new refining capacities that put them a step closer to becoming ...

Ras Gharib’s First Crude Cargo Purchased by India’s MRPL

Mangalore Refinery and Petrochemicals has made its first purchase of Egypt's Ras Gharib crude, two sources with knowledge of the tender award said.

Fuel Shortages Choking Production, Exports

Investors have confirmed that the decline in the power supply to factories was the most prominent reason for the decline in exports of energy-intensive industries during the first quarter of this year.

Egypt’s $7.5 Bn PetroChem Project Attracting International Banks

Egyptian Investment Minister Ashraf Salman has discussed Wednesday plans to carry out petrochemicals project in Egypt with the representatives of the U.S. Export-Import Bank, Export-Import Bank of Korea (Korea Eximbank).

Shell Declares Force Majeure on Nigeria’s Forcados Crude Exports

Shell has declared force majeure on exports of Nigeria's Forcados crude oil stream, a spokesman for the company said on Wednesday.

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