Middle East | Egypt Oil & Gas - Part 10

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.

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

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.

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