japan | Egypt Oil & Gas - Part 8

Japan to Invest $10b in Iran

Japan and Iran have signed a bilateral agreement for $10b debt guarantee investments in various sectors in the country, after Tokyo lifted trade sanctions against Tehran. Petroleum and other energy sectors are viewed ...

Japan to Lend Iraq $2.1b to Develop Basra Oil Refinery

A top Iraqi official announced that Japan will lend an amount of $2.1b to Iraq, to be allocated for developing Basra refinery , Trade Arabia wrote. Ali Shadad Al Fares, Head of Oil and Gas Committee of the Basra Provi...

Egypt Ships its Second LNG Cargo Heading to Japan

Egypt has sent out its second liquefied natural gas (LNG) shipment this year with 60,000 metric tons cargo heading to Niigata, Japan, and it will be received by Tohoku Electric Power Company in July, under a short ter...

Japan Eyes New Oil Suppliers

Japanese oil companies are expanding their network of crude oil suppliers, becoming less dependent on the Middle East’s imports, reported Nikkei Asian Review. The company started buying Mexico-produced crude oil last ...

Japan to Switch to Coal

Coal is anticipated to outshine gas and become country’s largest power generator within the next three years, as power utilities are replacing aging nuclear capacity with fossil fuel, according to Bloomberg. Shi...

Iranian Crude Exports to Asia Expected to Increase

Iranian crude export to the Asian markets in February jumped by about 25% from a year earlier to levels last seen in 2014, as latest market figures show, according to Press TV. The rise came as shipments into India an...

Egypt to Sign $575m Loan Agreements with Japan, South Korea

Egypt will sign three concessional loan agreements with Japan and one with South Korea worth a total of $575m to finance projects in energy and transportation, Al Bawaba wrote. The loan agreement comes as a result of ...

Egypt Secures $17.7b in Funding from Japan

Egypt’s President Abdel Fattah Al-Sisi held meetings with Japanese Prime Minister Shinzo Abe during his state visit to Tokyo in attempt to boost mutual cooperation in the energy, education and development sector...

Japan Restarts Third Nuclear Reactor since Disaster in 2011

Japan’s Kansai Electric Power Co. resumed operations of its third nuclear reactor at the Takahama nuclear power plant after clearing safety rules put in place following the Fukushima nuclear disaster caused by earthqu...

Bahrain Signs $355m Deal with Japan for Gas Plant Expansion

Bahrain signed a $355m deal with Japan’s JGC Corp to build the expansion of a gas plant for the Bahrain National Gas Company (Banagas), reported Reuters. The plant needs extra capacity as it is earmarked to acco...

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