gas | Egypt Oil & Gas - Part 17
Nigerian Renewed Crackdown on Oil Theft
The Nigerian Navy arrested 11 suspected oil thieves and destroyed 13 ‘Cotonou boats’ laden with suspected stolen crude oil.
Abu Petroleum Company Confirms Abu Qir 3 Area Reserves
North Abu Qir3 area's 500bcf gas reserves and 20mb oil reserves are expected to push Abu Qir Petroleum's gas production to reach 300mcf/d and oil production to 7000b/d of condensates and 270 tone of butane daily.
Petrobel’s Business Results for 2015/2016
Petrobel invested $948m in oil and gas exploration and operations during the fiscal year 2015/2016, with $426m directed towards the development of wells, leading to a hike in reserves of around 5.8m barrels of crude ...
Iran Aims for Gas Partnership with Japan
The Iranian Deputy Minister of Petroleum for Trade and International Affairs, Amir-Hossein Zamaninia, said that his country will push for increased natural gas exports to Eastern Asia, including Japan, as prices are ...
Nigeria’s PPMC Sold $2.75b of Petroleum Products
According to the Nigerian National Petroleum Corporation (NNPC) Monthly Operations and Financial Reports for June 2016, the Pipelines and Product Marketing Company (PPMC) earned $2.75b from the sales of petroleum pro ...
Kenya Increased LPG Consumption by 240%
Kenya has increased the consumption of Liquefied Petroleum Gas (LPG) by 240%, compared to 2015, amid low global oil prices and the removal of value added tax (VAT) on the commodity.
Nigeria’s Oil, Gas Sales Reach $3.46b
Nigeria has earned about $3.46b in oil and gas revenues between July 2015 and June 2016, with a total of $2.3b coming from crude oil proceeds and $1.17b from gas sales.
Tanzania to Invest $30b in Lindi Gas Plant
The Tanzanian government is planning to invest at least $30b in developing a gas processing plant in the Lindi region to boost the country's economic recovery.
