imports | Egypt Oil & Gas

Oman Sees 5.1% Drop in Oil Production, 4.9% Rise in Natural Gas Imports, Production in 2024

Oman reported a 308,422,100 barrels of oil exports by the end of December 2024, a slight drop from 310,331,200 barrels recorded in the same period last year. The country reached total oil production of 363,288,500 ...

Badawi: Incentive Measures to Reduce Annual Petroleum Import Bill by $1.5B

Minister of Petroleum and Mineral Resources, Karim Badawi, revealed that the announced incentive measures yielded positive results by the end of December 2024 by adding new petroleum products. This will contribute ...

EU Eyes US LNG to Replace Russian Imports, Says von der Leyen

European Commission President Ursula von der Leyen has suggested that the European Union may seek to replace Russian liquefied natural gas (LNG) imports with those from the United States, according to Reuters.

Egypt’s Crude Oil Imports Drop by $2.5 B in 2023/24

Oil imports stabilized at $13.4 billion in fiscal year (FY) 2023/24, as a reflection of the decrease in the crude oil imports by $2.5 billion, due to the lower imported quantities. In the meantime, the imports of ...

SIDPEC Consortium to Establish Company to Import Liquefied Ethane Gas

Sidi Kerir Petrochemicals Company (SIDPEC) is contracting with a consortium that consists of several parties to import liquefied ethane gas (US shale gas).

Egypt’s Fuel, Mineral Oils Exports to Jordan Reach $107M in 2023

Egypt has exported fuel and mineral oils worth $107 million to Jordan in 2023. Meanwhile, Egypt has imported fertilizers worth $105.6 million from Jordan during the same year.

Egypt’s Petroleum Imports Dropped by $138.1M in 2022/23

Egypt's petroleum imports decreased by $138.1 million, during fiscal year 2022/23, according to the Central Bank of Egypt's (CBE) Balance of Payment. This comes as a result of a decrease in crude oil imports by $1 ...

Iraq to Resume Crude Oil Imports to Jordan

Jordan announced that its Iraqi crude oil imports have resumed with 80,000 barrels being transported so far, Reuters reported.

Petroleum FDIs Record Net Outflow of $857.5M in H1 2022/23

Foreign direct investments (FDIs) in the petroleum sector recorded a decline in net outflow by $277.9 million, to be $857.5 million during the first half of fiscal year (FY) 2022/23.

El Sisi Highlights Zohr Field’s Remarkable Role in Generating Electricity

President Abdel Fattah El Sisi has highlighted the remarkable role of the Zohr field for Egypt in generating electricity throughout the past years.

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