Russia | Egypt Oil & Gas - Part 27
Oil Producers Extend Output Cuts for 9 Months
Oil producers chose to extend supply cuts of 1.8mb/d for nine extra months, amidst a global glut of crude and rising US shale gas production.
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.
