Russia | Egypt Oil & Gas - Part 30
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, Press TV reported. According to Reuters, payment would be received h...
Riyadh Loses Oil Production Leadership to Moscow
Russia overtook Saudi Arabia as the world’s largest crude producer in December 2016, when both countries started restricting supplies ahead of agreed cuts with other global producers to curb the worst glut in decades,...
Egypt and Russia to Sign Nuclear Agreement
The Russian Ambassador to Cairo, Sergey Kirpichenko said that Russia and Egypt will sign main contracts for construction of Dabaa Nuclear Power Plant (NPP) in 2017, Tass reported. “Negotiations on construction o...
Electricity Ministry to Announce Details about Dabaa Nuclear Project
The Egyptian Ministry of Electricity is preparing to hold a public announcement of the details of Dabaa nuclear power plant in cooperation with Russia. A source at the Ministry of Electricity said that Minister Mohame...
Russia Favored to Work in Syria’s Oil, Gas
Russian companies would be the preferred choice to work in oil and gas production in Syria, according to a member of Russia’s Parliament, Dmitry Sablin, who had met Syrian President, Bashar Assad, Oil Price reported. ...
OPEC, Russia Shielding Asia from Supply Cuts
The Organization of the Petroleum Exporting Countries (OPEC) and Russia are shielding Asia from supply cuts agreed in a landmark deal in 2016 as they fight to protect their share of the world’s biggest and faste...
Gazprom to Sue Turkey Over Gas Price
Russian Gazprom is preparing to file lawsuits with an arbitration court against private Turkish gas importers after failing to agree with them on the gas price for 2017, TASS News Agency reported. Gazprom Export subsi...
OPEC Might Extend Output Cut Deal
The Organization for Petroleum Exporting Countries (OPEC) could extend its oil output cuts to the end of 2017, provided other producers continue to cooperate on the deal, CNN Money reported. Kuwait’s Oil Ministe...
