Output | Egypt Oil & Gas - Part 4

S. Sudan to Produce 350,000b/d of Oil

South Sudan is planning to increase its oil production from 130,000 to 350,000b/d despite the ongoing armed conflict.

Ghana Output to Reach 190,000b/d

Ecobank Research has revealed Ghana’s oil output will reach 190,000b/d by the end of 2016.

Congo’s Moho Nord to Produce 300,000b/d of Oil

Congo Republic expects oil output to rise to some 300,000b/d in 2018, up from current volumes of around 250,000b/d.

Lianzi Field’s Oil Output Declined to 23,000b/d

The oil production at the Lianzi field, as result from a shared agreement between Angola and Congo Brazzaville, dropped from 31,000b/d to 23,000b/d.

China’s Crude Oil Output Slips in First Half of 2016

According to the National Development and Reform Commission (NDRC), China’s crude oil output dropped by 4.8% year-on-year –to 100.45m tons in H1 of 2016.

Iran Accuses OPEC Members of Dumping Oil Prices

Iran's Oil Minister, Bijan Zanganeh, accused the regional neighbors and OPEC friends of trying to take away its customers by offering cheaper oil.

Iran Calls For OPEC Quota System

Iranian Minister of Petroleum, Bijan Zangeneh, said that Iran wants a quota system of production to be reinstated in the Organization of Petroleum Exporting Countries (OPEC).

GCC Members Seek to Revive Oil Output Deal

Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers on next meeting, a senior OPEC source said.

Nigeria’s Oil Production Output Nears 22-Year Low

A series of attacks on Nigeria's oil infrastructure has pushed its output of crude close to a 22-year low, Reuters data shows, putting intense pressure on the country's finances.

Kuwait Calls on Oil Production Freeze

The Kuwait's Deputy Foreign Minister stressed the importance of reaching a consensus among oil producing countries and he said that "There is no choice but to freeze production".

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