Exports | Egypt Oil & Gas - Part 22
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. They demanded a...
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 Eximban...
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. It declared force majeure on the evening on May 5 following “a series of l...
GCC PetroChem Exports On Rise But Still Face Supply Problems
Gulf petrochemical and chemical exports exceeded 65 million tonnes last year, in comparison to less than 36 million tonnes in 2006, according to an expert. Mohammad Husain, president and chief executive officer, Equat...
Egypt Oil Exports Increased by 30%, While Petroleum Exports Decline
The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Friday the value of Egyptian oil exports increased in February reaching EGP 1.99bn compared to EGP 1.53bn in January. CAPMAS added in its stat...
Contaminated Crude Being Shipped from US to Asia
One million barrels of oil. Enough to fill more than 60 Olympic-sized swimming pools. And there it sat in tanks outside San Francisco — for three years — despite crude prices that topped $100 a barrel. Thi...
Egypt’s Oil Exports Drop
The state’s Central Agency for Public Mobilization and Statistics (CAPMAS) reported last Sunday a 22.1 percent drop in exports’ value, standing at EGP12.03 bn in January 2015, in comparison to last year’s ...
Egypt to Export Gas by 2020
With all the news on Egypt’s struggles to meet its own energy needs Prime Minister Ibrahim Mahlab announced that Egypt has a well-defined future energy strategy that will make it by 2020 a gas exporting country....
