Middle East | Egypt Oil & Gas - Part 4
Iran Launched Oil Fields
Iranian President, Hassan Rouhani, has officially launched 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 220,000...
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, reported Zawya...
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 fac...
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, reported Prensa Latina News Agency. Since Ankara’s jud...
PetroRabigh to Halt Operations
Rabigh Refining and Petrochemical Company (PetroRabigh) announced that it will suspend the operations of its ethane cracker unit for 21 days. The suspension will start mid November, in order to complete the temporary ...
Ocean LNG to Supply CELSE
Qatar Petroleum (QP) declared that its affiliate 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...
Iran, Russia to Review New Deals
Iran’s Deputy Oil Minister, Amir Zamaninia, declared that Tehran will host the upcoming Russian-Iranian intergovernmental commission on trade and economic cooperation during December. The objective of the commis...
Eni to Buy Algerian Gas
Italy’s Eni will continue to buy Algerian gas in 2017 with the same vein as its purchases for 2016, reported Platts. Eni’s CEO, Claudio Descalzi, said that the company discussed its expected volume purchases wit...
