Output | Egypt Oil & Gas - Part 3
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. The next phase of the West Nile Delta (WND) devel...
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, which offset a decrease ...
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 Oil & Gas reports. Me...
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, Egyptian Minister of Electricity and Renewable Energy, Moham...
Egypt to Reduce LNG Imports by 32%
The Egyptian government is accelerating its efforts to lower natural gas imports. It plans to reduce its imports of natural gas to 80 cargoes worth, an estimated decrease of 32.2%, by the end of fiscal year 2017/2018,...
Libya Targets 1.25 Mb/d of Oil by the End of 2017
Libya’s oil production is estimated to reach 1.25 million b/d by the end of 2017, Libya’s National Oil Company’s (NOC) Head, Mustafa Sanalla, declared on July 19, as reported by the Daily Mail. The North A...
IOCs to Develop Iran’s Azadegan Oil Field
International Oil Companies ( IOCs) have presented technical surveys for the development of the Azadegan oil field, according to Pipeline. Iran is looking to ramp up its crude output with 37bb of oil. Production is cu...
Al-Falih: No Prompt Need to Adjust Oil Agreement
Saudi Arabia’s Energy Minister, Khalid Al-Falih, stated that there is no evidence a pact by global oil producers to curb output needs to be adjusted. Al-Falih described the recent weakness in crude prices as a...
