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 d...
Algeria to Generate Renewable Power
Algeria’s state-owned utility in charge of electricity and natural gas distribution, Sonelgaz Group’s CEO, Mustapha Guitouni, said that the company is developing a nationwide program aimed at producing 4,0...
Iran, Total to Sign $2b Petchem Deal
Iran and France’s Total will finalize a $2b petrochemical project deal by March 2017, reported Global Times. The Persian Gulf Petrochemical Industries Company’s managing director, Adel Nejad-Salim, said t...
Israel to Issue Solar Bid
Israel’s Public Utility Authority (PUA) intends to meet Israel’s goals of generating 10% of power from renewables by 2020. Following a two-year freeze on new solar projects, PUA will issue more than 1,000MW of f...
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. The project is expected to deliver first gas near the...
Libya Grew Oil Output to 580,000b/d
Libya’s Prime Minister, Fayez Al-Serraj, said that 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 w...
PGSR to Start Operations in 2017
Iran will inaugurate Persian Gulf Star refinery (PGSR) that is meant to process the condensate from South Pars in Asaluyeh. The National Iranian Oil Refining and Distribution Company’s (NIORDC) managing director...
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 Corporat...
