Shortage

  • Oil Shortage Might Lead to Investments, Discoveries Decline

    Oil Shortage Might Lead to Investments, Discoveries Decline

    Tuesday, 11th July 2017
    The world might face an oil supply shortage following a steep drop in investments and a scarcity of fresh conventional discoveries, Saudi Aramco's CEO, Amin Nasser, stated.
  • Libya’s NOC Refutes Gas, Fuel Shortage Claims

    Libya’s NOC Refutes Gas, Fuel Shortage Claims

    Tuesday, 16th May 2017
    The shortage claims came as many cities suffered from high temperatures coupled with long hours of power outage.
  • Egypt to Achieve Electricity Sufficiency

    Egypt to Achieve Electricity Sufficiency

    Tuesday, 21st March 2017
    The opening of three ma­jor power plants in March was the latest in Egypt’s efforts to end its electric­ity shortage crisis. At the cost of $6.4b, each plant will produce 4,800MW of electricity annually at peak operations.
  • Nigeria Faces Severe Kerosene Shortage

    Nigeria Faces Severe Kerosene Shortage

    Tuesday, 10th January 2017
    The scarcity of kerosene, used by millions of largely poor Nigerians for cooking, has hit major cities causing huge increase in price.
  • Nigeria to Track Trucks as Fuel Stolen During Shortages

    Nigeria to Track Trucks as Fuel Stolen During Shortages

    Tuesday, 3rd May 2016
    Nigeria is planning to plant tracking devices on trucks as nearly a third of the country’s fuel supply is being stolen in the midst of crippling shortages in Africa’s largest oil producer.
  • Egypt to Import 2m Tons of Crude from Iraq

    Egypt to Import 2m Tons of Crude from Iraq

    Wednesday, 21st October 2015
    A government source informed Egypt Oil & Gas that the Cabinet is considering fuel suppliers offers to import oil from Iraq starting from January 2016. This was especially in light of the fuel crisis that periodically returns as over the past two months.
  • EGPC to Boost Fuel Supply

    EGPC to Boost Fuel Supply

    Wednesday, 21st October 2015
    EGPC Vice Chairman for Operations, Amr Mostafa, told Egypt Oil & Gas that a decision was taken to pump 38,000 tons of diesel and 18,000 tons of gasoline to all fuel stations in the country to eliminate some of the traffic jams at petrol stations due to lack of petrol 92.
  • Signs of Fuel Crisis in Cairo

    Signs of Fuel Crisis in Cairo

    Sunday, 13th September 2015
    Signs of a fuel crisis are beginning to emerge in Cairo neighborhoods after a number of gas stations ran out of gasoline yesterday, reported Egypt Oil & Gas (EOG).