Russia | Egypt Oil & Gas - Part 33
Putin to Boost Oil Output via Arctic Gate Terminal
Russian President, Vladimir Putin, has ceremoniously opened the Arctic Gate marine oil terminal on the Yamal Peninsula, which is to provide access for Russia's Arctic-sourced crude to both European and Asian markets.
Morocco Approaches Russian Energy Investments
A Moroccan energy official said that a number of investment opportunities were proposed to the Russian gas and oil companies during a joint working group held in Moscow.
Egypt to Ink Dabaa Nuclear Plant Final Contract Soon
Egypt's Minister of Electricity and Renewable Energy, Mohamed Shaker, affirmed that the final binding contract for the Dabaa nuclear plant, that will remain in effect for 60 years, is to be endorsed soon.
Iran, Russia Sign Agreement for Energy Cooperation
National Iranian Oil Company (NIOC) and state-owned Russian oil refinery have inked a non-disclosure agreement whereby the Russian side will conduct studies on two Iranian oil fields.
USA Becomes World’s Largest Oil Reserve
Recoverable oil reserves in the US has currently surpassed those in Saudi Arabia and Russia, making the US the world’s biggest country with oil reserves, according to an evaluation published by a Norway-based indepen ...
Russia Offers Enticing Gas Prices for Ukraine in Q3 2016
CEO of Russia’s energy giant Gazprom, Alexei Miller, has announced that Russia is ready to start supplying Ukraine with its requested gas volume of 3bcm in the third quarter of 2016 at a price rate of $167.57 per 1,0 ...
Spain to Import 1m Barrels of Iranian Crude
Spain’s largest oil company, Repsol, has signed a contract with the Iranian oil ministry to purchase and import 1m barrels of Iranian crude oil in July 2016, according to a report from the ministry.
India Mulls Resuscitating Myanmar-Bangladesh-India Gas Pipeline
As part of India’s ambitious Rs 1,30,000 crore plan to transform the northeastern part of the country into a hydrocarbon hub within the next 15 years, the centre is currently exploring reviving the shelved Myanmar-Ba ...
