India | Egypt Oil & Gas - Part 9
UAE to Maintain Oil Supplies to India Despite Attacks
The UAE has confirmed that Emirati oil and liquefied petroleum gas (LPG) supplies to India will not be affected by the recent attacks on oil tankers near the Strait of Hormuz, Reuters reported. Sultan Ahmed Al Jaber, ...
Saudi Arabia to Raise Oil Shipments to India
Saudi Arabia may increase its crude oil market share through the Indian market, especially after the US sanctions on Iran, TradeArabia reported. Saudi Aramco will ship an additional 2 million barrels per month to Indi...
Iran, India Hold Oil Trade Talks
Iran’s Foreign Minister Javad Zarif will discuss with his Indian counterpart on May 14 India’s decision to stop importing Iranian oil due to the renewed US sanctions on Tehran, Reuters reported. India was Iran’s... India’s Imports from Iran Drop by 57% YOY in April
India’s oil imports from Iran declined by 57% year-on-year (YOY) in April, Zawya reported. Based on the data, India has shipped around 277,600 barrels per day (b/d) in April, dropping by 31.5% from March. India was on... India Halts Buying Iranian Oil, Awaits US Decision
Indian refineries have postponed their May orders of Iranian oil, as they await the US decision on extending the waiver from sanctions imposed on Tehran, Reuters reported, citing four sources. “We don’t know about US ...
India to Lease Padur Storage Facility to ADNOC
India will lease half of its southern Padur oil storage site to Abu Dhabi National Oil Company (ADNOC), sources told Reuters. Indian Strategic Petroleum Reserves (ISPRL) will sign an initial agreement with ADNOC on No... US to Give Eight Nations Oil Waivers for Iran Sanctions
The US has granted eight Iranian oil importers temporary waivers from the sanctions set to be imposed upon the country’s energy sector on November 5, a US government official told Bloomberg. The waivers have been gran...
Egypt to Start Operating Sudanese Electricity Link by 2018 End
Egypt is expected to begin operating the 100-MW first phase of the electricity link with Sudan by the end of this year, governments sources told Daily News Egypt (via Reuters). Roughly 91% of the drilling work for the...
