Natural Gas | Egypt Oil & Gas - Part 68

Iran’s West Karoun Oil Output Doubles in 2017

Iranian oil output from its West Karoun oilfields reached 305,000 b/d in the Iranian month of Dey, compared to 161,000 b/d during the same period this year.

Egypt’s Natural Gas Production Increases by 14% Y.o.Y

The Egyptian natural gas production increased by around 14.11% year-on-year (Y.o.Y.), rising to 3.12 million tons in November 2017, compared to 2.734 million tons in November 2016.

Egypt to Halt LNG Imports by End of June

Egypt intends to stop importing liquefied natural gas (LNG) by the end of fiscal year (FY) 2017/2018, which ends late June 2018, according to Minister of Petroleum, Tarek El Molla.

Egypt is the 3rd Arab Country in Gas Consumption

Egypt has recorded the third place among Arab natural gas consuming countries, as it consumes 11.8% of the Arab natural gas total consumption.

Morocco to Launch Natural Gas Project Worth $4.6 B

Morocco will launch a tender for companies to establish a $4.6 billion natural gas project with capacity of 2,700 MW.

Iran to Extend Gas Pipeline to Oman With 1.2 B Investment Value

Iran is set to establish onshore extension to its major gas pipeline project, which would transport natural gas from the Persian Gulf to South of the Sea of Oman.

Egypt’s Growth to Reach 4.5% in 2017/2018

Egypt’s growth has been forecasted to increase to 4.5% during fiscal year (FY) 2017/2018, compared to 4.2% in FY 2016/2017, due to the ongoing economic reforms and the developed business climate.

Iran to Export Natural Gas to Basra

Iran is likely to start exporting natural to the city of Basra in southern Iraq can in March 2018, National Iranian Gas Company's Managing Director, Hamidreza Araqi, stated.

El Molla Highlights Necessity of Continuous Coordination in Zohr

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, highlighted the necessity of continuous coordination between companies in operating Zohr gas field.

Algeria’s Sonatrach Considers Investing in Iraq’s Oil, Gas

Algerian state-owned energy firm Sonatrach is considering possible investments in oil exploration and natural gas projects in Iraq, Iraqi Oil Ministry announced on January 7th.

Page 68 of 105

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