Shortage | Egypt Oil & Gas

Oil Shortage Might Lead to Investments, Discoveries Decline

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

The shortage claims came as many cities suffered from high temperatures coupled with long hours of power outage.

Egypt to Achieve Electricity Sufficiency

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 opera ...

Nigeria Faces Severe Kerosene Shortage

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 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

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 ...

EGPC to Boost Fuel Supply

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 tr ...

Signs of Fuel Crisis in Cairo

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).

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