Libya | Egypt Oil & Gas - Part 21
Libya’s Oil Production Reaches 700,000b/d
Libya’s National Oil Corporation (NOC) announced that oil production has reached 700,000b/d, recovering from a drop earlier in March caused by fighting at two key oil ports, Arabian Industry reported. NOC’s Chairman, ...
Libya Resumes Operations at Major Ports
Libya’s major oil ports of al-Sidra and Ras Lanuf are resuming operations and preparing to export crude after two weeks without activities, Bloomberg reported. In early March, Libya had halted exports from the ports a...
Libya’s Biggest Ports Shut Following Militant Attack
Libya halted exports from its two of biggest oil ports and reduced production from some fields after clashes threatened to reverse the North African country’s progress in reviving crude output and sales, Bloomberg rep... Egypt to Import Crude Oil from Libya
An official source at the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that negotiations with Libya to import 1mb/m of crude oil for a year are taking place. This comes within the Egyptia...
Egypt to Negotiating Benzene Imports
An official from the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that Egypt is in talks with several countries to import a total of 2.3m tons of benzene during 2017 in order to cover loca...
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 sole marketer of one third of the country’s crude oil production, Reuters reported. With the...
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, Iraq Tra...
Libya, Greece Signed $380m Power Plant Deal
Greek company METKA has announced that it has concluded an agreement with the General Authority for Electricity and Renewable Energy of Libya (GAEREL) to carry out the engineering, procurement, and construction (EPC) ... 
