Middle East | Egypt Oil & Gas - Part 3
ADFD to Inject $50m into Renewables
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have officially launched the a $50m round of funding for renewable energy projects in developing countries.
PTTEP to Decide on Hassi Bir Rekaiz
PTT Exploration and Production Plc (PTTEP) declared that it is close to finalizing an investment decision towards the onshore Hassi Bir Rekaiz Project in eastern Algeria.
Iran Launched Oil Fields
the first phase of production at Yadavaran, North Yaran and North Azadegan fields in its oil-rich Khuzestan province, with a total output of more than 220,000b/d.
S&P Platts to Distribute FOIZ Storage Data
The Fujairah Oil Industry Zone (FOIZ), has signed a memorandum of understanding (MoU) with the independent data agency, S&P Global Platts, to distribute weekly inventory storage data starting 2017.
Algerian Gas Plant to Resume Output
The Algerian state-owned, Sonatrach, declared that the Tiguentourine gas plant will resume full production with the start of its third train before the end of 2016, after a militant attack halted operations in the fa ...
Iran to Reimburse Turkey on Gas Deal
Iran ruled out a payment to Turkey of 25% economic compensation for the cut in the export of natural gas to the Eurasian country, which triggered a legal dispute.
PetroRabigh to Halt Operations
Saudi's PetroRabigh announced that it will suspend the operations of its ethane cracker unit for 21 days. The suspension will start mid November to complete the temporary maintenance and safety work.
Ocean LNG to Supply CELSE
Ocean LNG has signed a long-term deal of sale and purchase agreement (SPA) to provide Brazil-based CELSE-Centrais Elétricas de Sergipe, with liquefied natural gas (LNG) from 2020.
