japan | Egypt Oil & Gas - Part 6
Saudi Arabia Maintains Market Share in Japan Despite Production Cuts
Saudi Arabia has maintained the same share of Japan’s crude-oil imports since the end of 2016 despite reducing its production in accordance with the production-cut agreement between OPEC and major, non-OPEC oil produc...
Kuwait Oil Exports to Japan Increase 10.2% in May
Kuwait boosted crude oil exports to Japan by 10.2% in May, which is the first growth in four months, according to Mubasher. The Gulf country is the third crude oil source for Japan behind Saudi Arabia and the UAE with...
Kuwait Becomes Japan’s Third Crude Oil Provider
Kuwait became Japan’s third-biggest crude oil supplier in April 2017, providing 257,000b/d, Hellenic Shipping News reported. The Japanese Natural Resources and Energy Agency revealed in a preliminary report that Kuwai...
JBIC is Aiming to Invest in Egyptian Petrochemicals
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, had a meeting with a delegation of Japan Bank for International Cooperation (JBIC). The delegation was led by Executive Officer for Europe, th...
Kuwait to Receive $1b for Refinery Renovation
Kuwait’s Al-Ahmadi Oil Refinery, which is managed by Kuwait National Petroleum Company (KNPC), will receive $1b in funding from the Japan Bank for International Cooperation (JBIC), in addition to Japanese mega-b...
Tokyo Gas Group to Buy Natural Gas from Mozambique
Tokyo Gas Group plans to buy natural gas from Mozambique in parallel with the group’s plan to diversify providers, Club of Mozambique reported. Tokyo Gas Group’s CEO, Kentaro Kimoto, stated: “Currently we have 1...
Japan to Invest in Mozambique’s Energy Sector
Japan-based trading company Sumitomo Corp. is currently planning to sign a contract with a state-run Mozambican power company to construct a gas-fired power plant 700km northeast of Maputo by mid-March, Kikkei Asian R...
Iran Targets $8.6b Refinery Deals
Iran expects to sign its biggest oil refining contracts worth $8.6b with a number of Japanese, Chinese, and South Korean companies, Trade Arabia informed. The biggest deal is reserved for Japan’s Marubeni, Chiyo...
