shipment | Egypt Oil & Gas - Part 2

EGAS Calls Off Three LNG Cargo Tenders

The Egyptian Natural Gas Holding Company (EGAS) has cancelled its bid round regarding its three liquefied natural gas (LNG) cargoes, according to two market officials, Reuters reported. The two sources added that the ...

Egypt to Receive Second Shipment of Iraqi Crude

Egypt will receive its second crude oil shipment from Iraq in two weeks, an official at the Egyptian General Petroleum Corporation told Daily News Egypt. Egypt and Iraq activated a contract earlier in 2018 that will s...

Egypt to Receive Oil Shipment from Iraq

Iraq’s Oil Ministry said early May that it had started loading a tanker with 2mb of crude oil bound for Egypt, marking the first shipment under a bilateral agreement, Reuters reported. The one year agreement was...

Egypt to Pay Iraq 90 Days after Oil Shipment Date

Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, said that it was agreed with Iraq to pay for the imported oil  90 days after shipment date. El Molla added that it was agreed to import 1mb of...

Iraq Marks First Historical Natural Gas Export

Iraq exported the first shipment of 10,000cm of natural gas in its history in March, which marks a key development for the OPEC member struggling to feed its cash-strapped economy amid an expensive fight against the s...

Iraqi Oil Exports Drop Due to Weather Conditions, Ministry

Iraq’s oil exports dropped sharply in October to an average of 2.7m b/d, from 3.052 m b/d the previous month, reported Reuters. The Iraqi oil ministry explained that shipment delays were responsible, thanks to p...

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