Oil Exports | Egypt Oil & Gas - Part 6

Iran Increases Oil Exports to the West

Iran's oil exports to the West surged in May to their highest level since the lifting of sanctions in early 2016.

Kuwait Increases Oil Exports to China

Kuwaiti governmental data indicated that the country's exports of crude oil to China in February 2017 increased by 16.5% from February 2016 on daily basis to 1.07m tons, equivalent to around 281,000b/d.

Saudi Arabia Cuts Oil Supplies to the US

Saudi Arabia's oil exports to the US will decrease by around 300,000b/d during March, and total shipments would remain around March levels in the coming months.

Angola to Increase Its April Oil Exports

Angola will increase its April crude oil exports to 1.691mb/d, according to its provisional loading plan.

Global Insurers to Cover Iranian Oil Cargoes

Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from Feburary after striking a deal to provide cover without involving US-domiciled reinsurers.

Iraq Cut Oil Exports by 170,000b/d

Oil exports from Iraq's southern terminals have fallen by 170,000b/d so far in January, with the country implementing a further 40,000b/d during the month.

Sri Lanka to Buy Iranian Oil

Sri Lanka is interested in purchasing oil and related products from the Islamic Republic of Iran, after resolving the outstanding financial issues between the two countries pertaining to previous purchases.

Saudi Arabia Cut Oil Exports to Asia

Saudi Arabia has cut February term crude supplies to refiners in India and Southeast Asia, seeking to comply with an OPEC deal.

Iraq to Boost Oil Exports

Iraq plans to raise crude exports from its southern port of Basra to an all-time high in February.

Iraq Exported 3.510mb/d of Oil

Iraq's crude exports from the country's southern ports inched up in December to 3.510mb/d.

Page 6 of 11

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