MENA region | Egypt Oil & Gas - Part 7
OPEC, Russia Talked Production Freeze
Senior officials from the Organization of the Petroleum Exporting Countries (OPEC) met with Russia’s energy minister in Riyadh to discuss details around how the group will meet the supply target it set at in Algiers ...
Algeria to Generate Renewable Power
Sonelgaz Group is developing a nationwide program aimed at producing 4,000MW of electricity from renewable energies such as solar and windmill.
Iran, Total to Sign $2b Petchem Deal
Iran and France's Total will finalize a $2b petrochemical project deal by March 2017.
Israel to Issue Solar Bid
Public Utility Authority (PUA) will issue more than 1,000MW of fresh quotas via at least six bid rounds for low, high, and extra-high voltage solar projects.
Oman Completed 80% of Gas Project
BP Oman announced that phase one of its massive Khazzan natural gas project, which is located in an undeveloped desert site 350km south of Muscat, is 80% complete.
Libya Grew Oil Output to 580,000b/d
Libya's oil production has reach 580,000 to 600,000b/d, with the aim of reaching 950,000b/d by the end of the year. While officials are negotiating with western municipalities to yield an additional 380,000b/d output.
PGSR to Start Operations in 2017
Iran planned to inaugurate Persian Gulf Star refinery soon. Iran's first gas condensate refinery which has received $1.74b to complete, with a capacity to produce 360,000b/d.
Es Sider To Resume Oil Exports
Libya's Es Sider is to resume exports with its first cargo since force majeure was declared on loadings from the port in December 2014. The cargo will be potentially lifted by Libya's National Oil Corporation (NOC) d ...
