India | Egypt Oil & Gas - Part 12
India Withdrew from Iran, Pakistan Gas Talks
India has rejected talking with Iran on gas import through Pakistan, in lieu of transferring Iran’s gas through subsea lines, despite the higher costs.
Iran to Export 6m Barrels of Crude to India
India is turning to Iran for 6m barrels of crude oil as it seeks to build up its strategic reserves, after talks with United Arab Emirates (UAE) stalled.
West Africa to Ship 60 Oil Cargos to Asia in September
The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make th ...
Kenya to Revive Mombasa Oil Refinery
The Kenyan government has directed state-owned Kenya Pipeline Company (KPC) to acquire and revive operations in an obsolete petroleum refinery owned by Kenya Petroleum Refinery Limited (KPRL).
Gulf Petrochem to Distribute IPOL Lubricants in UAE
The Emirate-based Gulf Petrochem Group signed a 5-year agreement to distribute Indian IPOL brand of lubricant in the United Arab Emirates, with operations slated to fully commence during the third quarter of 2016.
Iran,India to Finalize Farzad Gas Field Agreement
Iran and India are expected to finalize financial and investment models on the expansion of Iran's Farzad B joint gas field with Saudi Arabia, with estimated reserves of 12.8tcf of gas, in September.
India’s Oil Imports from Iran Grew 37%
India’s oil imports from Iran rose to its highest level in five years, amounting to 523,000 b/d in July, which is a 37% jump from June's volume, and more than double that of the same period in 2015.
India, US Reduce Nigerian Crude Imports
Both India and the US have reduced their Nigerian crude oil imports by 43% and 53% respectively, a call that translated to a minimum loss of $270m of earnings in the Nigerian economy.
