India | Egypt Oil & Gas - Part 14
Nigeria’s Oil Output to Grow by 22%
Nigeria’s Oil Minister, Emmanuel Ibe Kachikwu, said that Nigeria expects its oil production rate to grow by 22% by the end of 2016 to reach 2.2mb/d from current levels, Reuters reported. The Organization of the Petrol...
India Imported 4% Less Oil from Iran
India imported about 552,200b/d of oil from Iran during September, a 4% drop from August volumes, when the country’s Iranian imports reached a 15-year high, reported Reuters. The majority of Iranian oil went to ...
India Withdrew from Iran, Pakistan Gas Talks
The National Iranian Gas Company ‘s (NIGC) Managing Director, Hamidreza Araqi, said that India has rejected talking with Iran on gas import through Pakistan. He added that India is interested in transferring Ira...
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, Oil Price reported. State firm Bharat Petroleum Corp will buy 4...
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 the...
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). KPC is currently seeking...
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, Reu...
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, Shana repor...
