supply | Egypt Oil & Gas - Part 2
Shell, Aramco CEOs Warn of Difficulty in Reversing Tight Global Oil Supply
The chief executive of Saudi Aramco said that the oil market is not paying attention to the fact that the world’s spare capacity to increase oil output is very low, and the chief executive of Shell claimed that ...
El Molla Reviews Strategy to Maintain Local Market Stability Amid Global Challenges
Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting to review the progress of the action plan that was put in place amid the Russia-Ukraine conflict to maintain local market supply stability with...
Gazprom Produced 238.4 bcm of Gas in Six Months
Preliminary figures show that from January to June 2022, Gazprom produced 238.4 billion cubic meters of gas. Comparing this to the same period last year, there has been a decline of 8.6 cents (or 22.4 billion cubic me...
OPEC Half a Billion Barrels Short of Oil Supply Pledge
There are more than half a billion barrels of oil left unsupplied by OPEC+, raising concerns about the group’s ability to balance the global market. OPEC+ members produced 2.7 million barrels a day less than th...
El Molla Ensures Petroleum Availability During Holiday Season
Minister of Petroleum and Mineral Resources Tarek El Molla held an extensive meeting with the heads of companies for the distribution and transportation of petroleum products, butane and natural gas affiliated with th...
Gazprom Still Meets Natural Gas Requests in Europe
The Russian company Gazprom disclosed that it continues to supply natural gas to Europe via Ukraine, according to Reuters. The company elaborated that this supply is based on requests from European consumers. It noted...
QatarEnergy, Germany LNG Discussions Still in Progress
QatarEnergy said that its discussion with German companies to supply Qatari liquefied natural gas (LNG) to Germany for a number of years is still in progress. It added that they did not reach agreements until now beca...
Qatar Petroleum Signs SPA with Pakistan
Qatar Petroleum Company has signed a new long-term Sale and Purchase Agreement (SPA) with Pakistan State Oil Company (PSO) to supply up to 3 million tons (mmt) of Liquified Natural Gas (LNG) to Pakistan, according to ...
