Refineries | Egypt Oil & Gas - Part 7
Egyptian Refineries Secure 50% of Butane Consumption
Butane production at Egyptian refineries surpasses 2.2 million tons per year, which secures 50% of total butane local consumption, the Ministry of Petroleum and Mineral Resources’ First Undersecretary, Mohamed T...
Iran’s Oil Exports to India Grew in 2016
India’s annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran, Reuters reported. The sharp increase propelled Iran, with 47...
IOCs to Expedite E&P in Egypt
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that international oil companies (IOCs) have agreed to speed up the exploration and production (E&P) of new discoveries. They have a...
India to Invest $15b in Nigeria’s Oil, Gas
The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, has negotiated a $15b investment with the Indian government for the oil and gas sector, Vanguard reported. India will provide the amount as upfront...
Nigerian Renewed Crackdown on Oil Theft
The Nigerian navy’s Director of Information, Commodore Christian Ezekobe, stated that the country arrested 11 suspected oil thieves and destroyed 13 Cotonou boats laden with suspected stolen crude oil, Vanguardr...
South Africa To Consider Deregulating Liquid Fuels
South Africa’s Deputy Director-General of Petroleum and Petroleum product regulation, Tesliso Maqubela, announced that the country’s Department of Energy plans to initiate talks with the petroleum industry concerning ...
GASCO Mulls $605m Investment in Gas Projects
The Egyptian Natural Gas Company (Gasco) is considering a project that will aim at transporting gas from Raven gas field in the North of Alexandria concession to a gas complex located in Western Desert and to a cookin...
China, Nigeria Sign $80b Oil, Gas Infrastructure Development Deal
Chinese companies have agreed to invest $80b in oil and gas infrastructure projects in Nigeria, reported Oil Price. Asia Times quoted Nigeria’s Oil Minister and Head of the Nigerian National Petroleum Corporation (NNP...
