oil swaps | Egypt Oil & Gas

Iran to Swap Oil with Caspian Sea States

Iran can swap up to 120,000 b/d of crude oil, which can be enhanced to over 1.5 mb/d in the future, with its northern neighbors at North Oil Terminal.

Caspian Crude Swaps Resume to Cure Iran Fuel Shortages

Iran has announced the resumption of swaps of crude oil for petroleum products with the Caspian littoral states – Turkmenistan and Kazakhstan, after a five year suspension.

Russia to Build Iranian Nuclear Power Plants

Russian Energy Minister Alexander Novak announced that Russia’s construction of two more nuclear power units in Bushehr in southwest Iran will cost about $11 b

Iran Expanding Energy Cooperation with Kazakhstan, China

Iran and China plan to jointly construct the fourth oil refinery of Kazakhstan

Nigeria Lifts Bans, Renews Swaps While Combating Oil Corruption

Bloomberg learned that Nigeria has canceled a two-month old ban on 113 foreign-flagged vessels, preventing them from loading crude or gas from the country.

Iran: Caspian Oil Swap Scheme on Table Again

Iran says it has received new requests from its northern neighbors to revive a strategic crude oil swap scheme that was abandoned more than five years ago.

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