oil imports | Egypt Oil & Gas

US Bans Oil Imports from Russia

US President Joe Biden declared banning oil and other sources of energy imports from Russia in retaliation for the Russian invasion of Ukraine.

U.S., Europe Consider Ban on Russian Oil Imports

The U. S. and European allies has entered into ongoing discussions to ban imports of Russian oil.

EGPC Renews Oil Import Contract with SOMO 

The Egyptian General Petroleum Corporation (EGPC) renewed its contract with the Iraqi government to import about one million barrels (bbl) of crude oil per month.

 South Korea’s Oil Imports Decline 7.5% in December

A preliminary data released from the South Korean Ministry of Trade, Industry and Energy, showed that oil imports reduced 7.5% to 82.7 million barrels in December 2020 compared to 89.5 million barrels in the same ...

 Indian Oil Imports from Africa, US Rise in November

Data obtained from industry sources showed that Indian oil imports from Africa and US, in November, has risen but dropped from Middle East and Latin America.

China’s Oil Imports Reaches 11.04 mmbbl/d in November

China’s General Administration Customs data announced that the Imports of crude oil has risen to 11.04 million barrels per day (mmbbl/d) during November, compared to 10.02 mmbbl/d in October.

Japan’s Imports to Remain Low Until End of 2020

The President of Petroleum Association, Tsutomu Sugimori said that Japan’s crude oil imports is expected to remain at the current tepid pace until the end of 2020, after it reached the lowest monthly level in July ...

China’s Oil Imports Surge 25% in July

China’s Crude oil imports jumped 25% during July for a year ago as a result of a huge amount of purchases made in April after oil prices drop as well as clearing customs of some cargoes which delayed at ports in J ...

India’s Oil Imports Drop 31%, Hitting Lowest Levels since 2011 

India’s oil imports in May have nosedived 31% from April’s levels, representing the lowest importing figures since October 2011.

China’s Saudi Oil Imports Rise 47%

China’s oil imports from Saudi Arabia rose by 47% in 2019.

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