import | Egypt Oil & Gas - Part 3
Oman: NatGas Production, Imports Dropped in January
Oman’s natural gas production and imports fell by 4.5% to 3,424mcm in January 2017, compared to 3,584mcm in January 2016.
EGPC to Allocate 400,000 Subsidized LPG Cylinders
Tarek El Hadidi said that EGPC decided to allocate 400,000 subsided LPG cylinder to slums all over Egypt.
Egypt’s Electric Production Capacity Estimated at 90GW from Renewables
Mohamed Shaker, said that Egypt has the capacity to produce 90GW of electricity from renewable resources.
EGAS to Link Noras, Northern Alexandria and Zohr
EGAS is willing to link 1bf of gas from Noras, Northen Alexandria and Zohr fields during 2017.
Egypt, Iraq Sign Oil Exports Agreement
The Iraqi Oil Marketing Company (SOMO) has signed a contract for oil exports with the Egyptian government.
Egypt to Negotiating Benzene Imports
Egypt is in talks to import 2.3m tons of benzene annually during 2017.
Saudia Arabia Lost South Korea’s Market Share to Iran
Figures show that Saudi Arabia has lost a significant share of South Korea’s oil market to Iran, as South Korea doubled its imports of Iranian crude in January.
El Masry: Egypt Aims to Reach Gas Market Balance by 2018
Egypt hopes its gas market will be balanced in 2018 and expects to begin exporting gas by 2020, said EGAS' CEO, Mohamed El Masry, speaking at EGYPS 2017's Strategic Conference.
