Middle East | Egypt Oil & Gas - Part 10
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
Iran to Boost Gas Exports to Turkey
Iran has offered Turkey to invest in its liquified national gas (LNG) projects in order to boost exports of Iranian gas to Turkey.
Libya Resumed Oil Production at Waha Field
Libya restarted production from the Waha fields bringing the country’s total output to 580,000b/d.
Morocco Got $38m towards Sustainable Energy
The European Bank for Reconstruction and Development (EBRD), Agence Française de Development (AFD), and the European Investment Bank (EIB) will provide $38m to support Morocco's sustainable energy developments.
OPEC Produced 33.64mb/d of Crude in September
Crude oil output in OPEC reached a new record of 33.64mb/d during September, causing crude oil prices to drop back down after reaching above $53 per barrel as a result of reports that OPEC had agreed to curb production.
