Libya | Egypt Oil & Gas - Part 20
Egypt to Negotiating Benzene Imports
Egypt is in talks to import 2.3m tons of benzene annually during 2017.
Glencore Extends Major Libyan Oil Deal
Swiss-based commodities giant Glencore has extended a deal with Libya's National Oil Corporation (NOC) to be the exclusive trader of around 230,000b/d from the oil fields Sarir and Mesla.
Egypt Ponders Iraqi Crude Imports
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla disclosed that an oil delegation will visit Baghdad during February to reach an agreement on the final draft to import Iraqi crude oil.
Libya, Greece Signed $380m Power Plant Deal
Greece's METKA signed an agreement with Libya's GAEREL to carry out the engineering, procurement and construction (EPC) contract for a new power plant in Tobruk.
Libya Considers Foreign Investments
Libya plans to start opening the doors to foreign investors that may be ready to step back into the country's oil sector.
Libya’s Oil Output Recovers Following Power Cuts
The National Oil Corporation’s (NOC) Member, Jadallah Al-Okli, said Libya’s oil output has healed after days of power outages and several logistic hurdles that led to its drop recently.
Libya Sues over Oil Field, Pipeline Blockade
Libya’s National Oil Corporation (NOC) said it had sent the case of the shutdown of Al-Feel oilfield and Bier Terfas gas pipeline to the Attorney General’s Office in Tripoli.
Libya’s Oil Output Reached 3-Year High
Chairman of Libya’s National Oil Corporation’s (NOC), Mustafa Sanalla, announced that the country’s oil production has reach a three-year high of 708,000b/d.
