Nigeria | Egypt Oil & Gas - Part 19
OPEC to Decide on Output Cut
OPEC will debate an oil output cut of between 4.0-4.5% for all of its members except Libya and Nigeria by the end of November.
Nigerian Refineries to Produce Aviation Turbine Kerosene
The Nigerian National Petroleum Corporation (NNPC) stated that the 210,000b/d Port Harcourt refineries would soon commence the production of Aviation Turbine Kerosene (ATK).
Shell, Nigeria Signed Funding MoU
Shell Companies in Nigeria has signed memoranda of understanding (MoU) with eight Nigerian banks under the revised Shell Contractor Support Fund in order to offer loans faster and at cheaper rates.
NNPC to Drill in Chad Basin
The Nigerian National Petroleum Corporation (NNPC) will begin drilling in Chad Basin in early 2017, after the acquisition and processing of more than 1,900 sq. km of new 3D seismic.
Iraq to Suggest Crude Restraint Options
Iraq will make three new suggestions at a meeting in Vienna of OPEC oil ministers at the end of the November to implement an agreement to restrain crude supply in order to push up prices.
Nigeria to Privatize NNPC
Nigeria released a draft plan to overhaul state oil company Nigerian National Petroleum Corporation (NNPC) and eventually list it on the stock exchange in a bid to modernize and streamline the country’s oil and gas i ... West Africa Grew Crude Exports
West African top exporters reached a record high of 726.4mb total, in October, which is 45.45bm in total, higher than September, with Nigeria and Angola leading the charge.
NNPC to Reveal 2017 Lifting Firms
The Nigerian National Petroleum Corporation (NNPC) will announce the names of companies qualified for the lifting of the country's crude oil for 2017 by mid-December.
