MENA | Egypt Oil & Gas - Part 2
AGOCO Boosted Oil Output to 290,000b/d
In steady steps for boosting output, Libya‘s Arabian Gulf Oil Company (AGOCO) has increased production to 290,000b/d of oil and hopes to reach 350,000b/d by the end of the year, reported Africa TVC News. AGOCO, a subs...
Iraq Exported 3.2mb/d of Oil in September
Iraq’s State Oil Marketing Company (SOMO) has sold an average of 3.276mb/d in oil exports during September, Business Recorder reported. According to Iraq’s Oil Minister these exports included an average of 3.245...
Turkey to Cut Gas Prices by 10%
The Turkish Energy Minister, Berat Albayarak, declared that the country will reduce the selling price of natural gas by 10% for domestic and industrial consumers during October, reported Reuters. This came as Turkey w...
India Withdrew from Iran, Pakistan Gas Talks
The National Iranian Gas Company ‘s (NIGC) Managing Director, Hamidreza Araqi, said that India has rejected talking with Iran on gas import through Pakistan. He added that India is interested in transferring Ira...
Qatar Consumed 40% More Natural Gas
Qatar, the largest exporter of natural gas in the world, has witnessed a steep rise of 40% in its gas consumption over the last five years, Reuters reported. According to BP Statistical Review of World Energy 2016 rep...
MENA Expands its LNG Import Facilities
The MENA region is forecast to become the world’s second-largest gas-importing area by 2040, as the countries invest around $10.3b in LNG-importing facilities, Hellenic Shipping News reported. The move comes in light ...
MENA to Invest $10.3b in LNG Import Capacity
Countries in the Middle East and North Africa (MENA) led by Egypt, Kuwait, and Morocco, are seeking to boost their liquefied natural gas (LNG) import capacity, taking advantage of low prices to meet rising energy dema...
Tunisian Oil Firms Ramp up CSR Spending
Tunisian oil companies – the Tunisian Company of Petroleum Activities (ETAP), Winstar, Perenco, and Mazarine located in the governorate of Kebili have earmarked $1.3m to the promotion of private initiatives in t...
