storage | Egypt Oil & Gas - Part 2

Pumangol to Build Aircraft Fuel Facility

The Angolan private company Pumangol will invest $295m to build aircraft fuel storage and distribution units at airports in Luanda, Huíla, Benguela and Cunene, as indicated by the official investment contract signed i...

Turkey Gets Its First FSRU

The floating, storage, and re-gasification unit (FSRU) Neptune, previously known as GDF Suez Neptune, has arrived near Aliaga on the Agean Sea where it will be used as Turkey’s third liquified natural gas (LNG) import...

Lekoil Pumped Oil from Otakikpo to Storage Tanks

Lekoil in its operational update, announced that oil is flowing at the Otakikpo marginal field in Nigeria to onshore storage tanks, where it will later be transferred upon completion of the offshore pipeline, Ecofin A...

Ukraine Ready to Allow Foreign Companies to Export Gas

The Minister of Energy and Coal Industry of Ukraine, Igor Nasalik, said that the country is ready to make its underground gas storage facilities available to foreign companies, including Turkish ones, for its further ...

Iraqi Forum Reappraising Oil Costs, Foreign Investor Terms

The seminar held by the Iraqi Forum of Intellectuals and Academics – and which I talked about last week – had a good presentation about Iraq’s upstream oil developments. It was done by Faleh Alkhayat, form...

Oil Market Copes with Storage Limits as Demand Soars

The oil market is coping with storage capacity limits because demand for products such as petrol has been unexpectedly strong, says a senior executive at the world’s biggest independent oil trader. Demand growth was “...

Oman May Issue Tenders Soon for Floating Storage Unit

Oman Tank Terminal Company (OTTCO) plans to start operating a floating storage unit later this year to ease trade of crude oil futures on the Dubai Mercantile Exchange (DME), trade sources said on Tuesday. The storage...

Emirates Gas Company Completes 4.1 bcm Dutch Storage Facility

TAQA started to inject gas on Wednesday into its newly-completed Bergermeer gas storage facility in the Netherlands, the Arab Emirates energy company said. TAQA completed work on Tuesday on the facility, which it says...

$300 Million Mashreq Storage-Fueling Project Continuing as Scheduled

Mashreq Petroleum Company is set to complete the first phase of its project to store petroleum products and fueling ships within the next two months, company chairman Tarek Abu Bakr said. The phase’s worth has been va...

Excellency Eng. Al Mazrouei to Open Tank Storage

It is yet another major show coup for Tank Storage Middle East, which takes place on 26 & 27 January at the Abu Dhabi National Exhibition Centre. In his role, The UAE Minister of Energy is focused on sustainable d...

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