MENA region | Egypt Oil & Gas - Part 8
Japan to Import Iranian Oil
Japanese traders, including Marubeni Corp and Sumitomo Corp, are looking to resume imports of Iranian oil, potentially by the end of 2016.
Sonatrach Won Profit-Sharing Case
Sonatrach has won a law suit against Spanish Repsol in the International Court of Arbitration over profit sharing.
Iran to Export Gas to Iraq
Iran is fully ready to start exporting gas to neighboring Iraq as soon as the Arab country opens a line of credit.
Qatar to Takeover LNG Fleet
Nakilat Shipping Qatar Limited (NQSL) has signed an agreement with Shell International Trading and Shipping to begin the planned phased transition of the management of Nakilat’s LNG fleet from Shell to NSQL.
S. Korea to Operate UAE’s Nuclear Plant
The state-run utility firm Korea Electric Power Corporation (KEPCO) agreed to invest $900m in a company operating the first nuclear power plant in the United Arab Emirates (UAE).
Pipeline Leak Delayed Qatar Gas Project
Qatar delayed the start-up of its $10B Barzan Gas project, which is a RasGas-operated joint venture between Qatar Petroleum and ExxonMobil, due to a leak in a gas pipeline. Qatargas, Petronas Extended LNG Deal
Qatargas signed a five-year sales and purchase agreement (SPA) with Petronas LNG to deliver 1.1mt/y of LNG to the UK-based venture until the end of 2023.
Algeria to Export Gas to Jordan
Algeria is presenting a bid for the supply of liquefied natural gas (LNG) to Jordan to cover part of its needs
