Output | Egypt Oil & Gas - Part 2

Iran not to Increase Crude Output in Coming FY

Iran has no plans to increase its annual crude oil output in the next fiscal year (FY) starting March 21.

Egypt to Increase Oil Output by 1.5%

The Egyptian Ministry of Petroleum and Mineral Resources plans to increase crude oil production by around 1.5% to meet its production target.

DEA Boosts Oil, Gas Production in Egypt

DEA Deutsche Erdoel AG announced a significant increase of production from its oil fields in the Gulf of Suez and from the Disouq gas fields in the Onshore Nile Delta.

OPEC Oil Output Hikes in January

The Organization of the Petroleum Exporting Countries (OPEC)'s oil production increased in January 2018, following an eight-month low, due to higher output from Saudi Arabia and Nigeria.

Petroleum Products Output Reach 28.9 M MT in 2015/2016

Egyptian output of petroleum products has increased by 6.3% in 13 fiscal years (FYs) to reach 28.9 million metric tons (MT) in FY 2015/2016, compared to 27.1 million MT in FY 2002/2003.

Egypt to Export Electricity in 2018

Egypt plans to be an electricity transfer and circulation regional hub in 2018, as the county will be able to export its surplus of electricity during 2018.

Egypt to Reduce LNG Imports by 32%

The Egyptian government is accelerating its efforts to lower natural-gas imports.

Libya Targets 1.25 Mb/d of Oil by the End of 2017

The North African country is targeting 1.5 million b/d of oil by the end of 2018, with hopes of reaching 2.1 million b/d after four or five years.

IOCs to Develop Iran’s Azadegan Oil Field

IOCs have presented technical surveys for the development of the Azadegan oil field.

Al-Falih: No Prompt Need to Adjust Oil Agreement

There is no evidence a pact by global oil producers to curb output needs to be adjusted.

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