supply | Egypt Oil & Gas - Part 3
IEA Predicts Slump on Oil Supply by 2020
According to the International Energy Agency (IEA) latest report, investment in new projects fell during the slump in oil prices that began in mid-2014, which may compromise production levels by 2020. Oman, Japan Signed Pipe-Supply Contract
Petroleum Development Oman (PDO) signed a $1.2b contract with Japanese supplier Sumitomo to supply piping for its drilling operations through Duqm.
Tanzania, Dangote Agreed in Gas Supply Deal
Nigeria's Dangote Cement have reached a deal with Tanzania on the supply of natural gas to the firm's manufacturing plant in the East African country after negotiations stalled over prices.
Saudi Aramco Sings Oil Supply Deal with Polish PKN
Saudi Aramco announced its entry into the Baltic market after signing a contract with Poland's biggest refiner, PKN Orlen, for Aramco to supply PKN with 50,000bp/d starting in June.
Ghana Seeking New Gas Suppliers from Nigeria
Nigerian company's inability to supply agreed volume of gas to Ghana via the West African Gas Pipeline prompted renewed calls to seek alternative gas suppliers in that country.
Nigeria Directs Country-Wide Fuel Supply Intervention
Nigeria's Ministry of State for Petroleum Resources has issued a direction to agencies requesting a special supply intervention to ensure petroleum products will be delivered during the upcoming Christmas holiday.
Qatar Energy Minister Predicts OPEC Oil Price Rebound
US News & World Report cited Qatar's Energy and Industry, Minister Mohammed bin Saleh al-Sada as saying that oil prices have bottomed out ahead of an expected meeting of OPEC members and other oil producers later thi ...
Petroleum Ministry to Compensate Factories for Gas Shortages
Due to requests made by factory owners, the Ministry of Petroleum decided to supply fuel oil and diesel to cement and fertilizer factories, as a means to compensate the temporary lack of gas.
