oil export | Egypt Oil & Gas - Part 2
Iraq, Kurdistan Ready to Resolve Oil Disputes
The Iraqi government and the Kurdistan Regional Government (KRG) see new paths towards a resolution of oil disputes that will help boost overall crude output, Reuters reported. “There are various ways to resolve...
Kirkuk Receives Petrodollar Payments from KRG
Kirkuk, the city in the Iraqi Kurdistan region, has received new payments for exported oil from the Kurdistan Regional Government (KRG) bringing up the total amount paid to Kirkuk to $50 million since December 2015, R...
Iran Records 60% Rise in Oil Export Volume
Iran records a 60% increase in oil export volumes by foreign supertankers docking at the country’s southern Kharg oil terminal, in the Bushehr province, in the first four months of the Iranian calendar year, sta...
Japan to Invest $10b in Iran
Japan and Iran have signed a bilateral agreement for $10b debt guarantee investments in various sectors in the country, after Tokyo lifted trade sanctions against Tehran. Petroleum and other energy sectors are viewed ...
Nigeria, Angola Crude Exports to US Increased
Nigeria’s and Angola’s crude oil export to the US has risen from the 190,000 b/d recorded in Q1 of 2015 to 354,000 b/d in Q1 of 2016, the Organization of Petroleum Exporting Countries (OPEC) revealed in it...
Kuwait to Boost Oil Exports through Suez Canal
The Kuwait Petroleum Corporation has signed an agreement with Egypt’s Suez Canal Authority to boost the bilateral cooperation between the two countries and increase the number of Kuwaiti tankers using the indispensabl...
Libya to Resume Oil Shipment
Libya will resume oil shipments from the port of Marsa El Hariga after an agreement was reached at talks in Vienna between rival oil officials representing the east and west of the country, Reuters reported. Eastern N...
Aramco, SUMED Expand Saudi Oil Shipment to Europe
Saudi oil company Aramco and Egypt’s SUMED signed an agreement to increase the former’s oil pumping to its customers in Europe via SUMED’s pipeline, according to a ministry’s press release. The deal was si...
