Russia | Egypt Oil & Gas - Part 27

OPEC Ministers to Meet Russia

The energy ministers of Saudi Arabia and Venezuela plan to meet their Russian counterpart to discuss extending oil-output cuts.

Kuwaiti Oil Price Decreases

The price of Kuwaiti oil went down by $0.42 to reach $48.75 per barrel.

Bahrain, Russia Hold Talks on LNG Supply

Bahrain has been holding talks with the Russian companies Gazprom and Rosneft over LNG supply.

Iran, Russia to Build 2 Nuclear Power Plants

The cooperation contract signed between Russia and Iran sets that two nuclear plants will have 1,000 MW of capacity each.

Egyptian Delegation Visits Russia for Nuclear Talks

An Egyptian delegation of 15 members of the Parliamentary Energy Committee is holding meetings with the Russian firm Rosatom in Moscow over Al Dabaa Nuclear Plant.

Russia to Invest in Syria’s Infrastructure

Syria is in talks with Russia to have Russian oil companies participate in restoring Syrian oil extracting infrastructure.

Iran, Russia Mull Gas Partnership

Iran and Russia are negotiating to implement joint natural gas development projects, including exportation schemes to Europe and Eastern Asia.

Egypt, Russia to Finalize Nuclear Contract in 2 Months

The Egyptian government plans to finalize the two contracts with Russia regarding Al Dabaa nuclear power plant within two months.

Rosneft to Develop 3 Offshore Areas in Mozambique

Rosneft expects to make concession agreements for development of three offshore areas in Mozambique in mid-2017.

Iran Ready to Sign 100,000b/d Deal with Moscow

Iranian Minister of Petroleum, Bijan Zanganeh, said Tehran is set to sign a deal with Moscow within early March to sell 100,000b/d of oil to Russia.

Page 27 of 56

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