egypt to import iraqi crude oil for refining al bawaba

  • Egypt to start importing oil from Iraq: Trade minister - Economy - Business - Ahram Online

    29/3/2021 · Egypt has reached an agreement with Iraq to build crude oil pipelines between the two countries, passing through Jordan, to start refining oil in Egypt into consumable products such as diesel

  • Egypt to import 1 million barrels of crude oil a month from Iraq - Egypt Independent

    The Cabinet has agreed to import one million barrels of Iraqi oil a month, Minister of Petroleum Tareq el-Molla announced. The contract for the deal will be signed within days, he added in a press conference on Tuesday at the Cabinet

  • Minister confirms importing Iraqi crude oil to Egypt | ZAWYA MENA Edition

    ArabFinance: The agreement to import 12 million barrels of Iraq’s crude oil to Egypt is still ongoing, the Egyptian Minister of Petroleum and Mineral Resources Tarek el Molla said, according to an August 17 th statement.The six-month deal is

  • Time to address the energy crisis: Egypt to invest $14.5bn in petrochemicals, refining | Al Bawaba

    Egypt plans to invest $14.5 billion in developing its refining and petrochemicals sectors over the next five years, its oil minister said, as part of efforts to overcome an energy crisis that has

  • MIDOR Refinery to Process Iraqi Crude Oil - Egypt Oil & Gas

    Sources expected that the imported Iraqi oil will save between 9% and 10% of the petroleum derivatives monthly imports as the agreement states that Egypt will import only 1m b/m of crude oil. The Iraqi crude will be used in producing around 50%

  • Egypt receives second shipment of Iraqi crude oil - Egypt Independent

    Egypt has received the second shipment of crude oil from Iraq after renewing the supply contract with Iraqi national company State Organization for Marketing of Oil (SOMO) under which Egypt will receive up to about 12 million barrels of crude oi

  • Crude Oil | Energy Egypt | Page 2

    Egypt renews Iraqi crude oil import agreement for another year Posted: January 22, 2018 at 2:39 pm / Oil & Gas Egypt has reportedly renewed an agreement to import crude oil from Iraq, an official at state petroleum buyer EGPC tells Reuters’

  • Iraq Loads First Crude Oil Shipment to Egypt - Middle East Observer

    6/5/2017 · Iraq’s oil ministry said that it had begun loading a tanker with 2 million barrels of crude oil bound for Egypt, marking the first shipment under a bilateral agreement,according to al-Ahram, an Egyptian State-owned newspaper. The ministry said

  • Egypt’s Refineries: A COMPLETE PICTURE - Egypt Oil & Gas

    Oil Refining Background Egypt is the biggest oil refiner in Africa with a total of ten refining companies operating 12 refineries. This is compared to second-place South Africa, which has six refineries, according to an article in Oil & Gas

  • Syria – part two | Al Bawaba

    In early March 2000, both the Iraqi and Syrian sections of the IPC pipeline were reported as ready for operation, with Syria using parts of it to transport its own crude oil (Iraqi oil exports

  • Egypt to Take Part in Oil and Gas Projects with Iraq - Egypt Oil & Gas

    The Ministry of Petroleum seeks to expand its foreign activities through oil and gas production in Iraq, Al Borsa reported. Egyptian public sector companies such as Petrojet and ENPPI will complete work in the country in exchange for shares in

  • Egypt: Foreign Investments in Public Oil Sector Hit $2.2 Billion | Al Bawaba

    A government source has estimated that the total expected foreign investment in Egypt’s oil and natural gas sector during the current fiscal year at $2.21 billion, 57.6 percent of the total $3

  • Growing Iraqi optimism for oil refining expansion

    Iraqi optimism for oil refining expansion Iraq's oil output could reach up to four million barrels per day (bpd) by the end of next year and it is adding a fifth project to its planned refinery capacity expansion as it seeks to meet domestic

  • Diverging fortunes: oil price decline has positive impact on Egypt | Al Bawaba

    El Molla said that Egypt is considered an importing country for crude oil and petroleum products, not an exporting one, and thus low Brent prices is in Egypt’s favour in terms of decreasing the

  • Minister of Petroleum: Egypt's Oil Deal with Iraq Will Be Signed within Days - Middle East Observer

    19/4/2017 · Egypt has agreed to import one million barrels of Iraqi oil a month, Minister of Petroleum Tareq el-Molla announced. The minister added in a press conference that the contract for the deal will be signed within days at the Cabinet headquarters.

  • Egypt to import 1 million barrels of crude oil a month from Iraq | Pakistan Defence

    Egypt to import 1 million barrels of crude oil a month from Iraq Egypt Independent April 12, 2017 3:13 pm The Cabinet has agreed to import one million barrels of Iraqi oil a month, Minister of Petroleum Tareq el-Molla announced. The contract for

  • Egypt nearing deal with Iraq to import crude oil - Products & Services, Aramco, Deal, Egypt, Import, Iraq, Kingdom Of Saudi Arabia, KSA, Middle

    Egypt is nearing a deal to import crude oil from Iraq and is looking to other countries to help secure supply, the Egyptian General Petroleum Corporation's chief Tarek al-Hadidi said. Cairo's search for additional crude comes after Saudi

  • Petroleum industry in Iraq - Wikipedia

    Both Iraqi refining and export infrastructure are currently bottlenecks and need to be upgraded to process much more crude oil. Iraqi oil exports are currently running at near full capacity in the south, while export capacity in the north has

  • AMOC to Buy Condensates from Dana Gas | Egypt Oil & Gas

    Additionally, EGPC inked a deal in April with Iraq’s State Organization for Marketing of Oil (SOMO) to import 12m barrels of Iraqi crude oil for one year. AMOC's chairperson further said that the company started refining crude for its own

  • Egypt tries crude swaps to contain deficit | Business – Gulf News

    Egypt’s state-owned Egyptian General Petroleum Corp issued a tender to swap a 435,000-450,000 barrel cargo of its Qarun crude oil grade for a similar-sized cargo of Iraqi Basra Light for August

  • Iraq and Egypt Agree to Boost Ties in Oil Sector

    Molla said that the agreement to import 12 million barrels of Iraq’s crude oil is still active, noting that the six-months deal is renewed regularly, according to Asharq Al-Awsat. Cairo has also expressed readiness to send Egyptian experts in

  • Egypt, Iraq to Establish Firm to Boost Bilateral Ties in Oil Sector | Asharq AL-awsat

    Egypt and Iraq discussed strengthening bilateral relations in the oil and gas sector through operating Egyptian oil companies in Iraq and establishing a join company to implement projects. Egyptian Minister of Petroleum and Mineral Resources

  • "No Plans" for Egypt-Iraq Pipeline | Iraq Business News

    The Iraqi embassy in Cairo says there are "no further plans" regarding an oil pipeline from Iraq to Egypt, but confirmed that Iraq's State Company for Oil Projects (SCOP) signed an agreement for the export of oil to Egypt. "Th

  • Tarek El Molla | Energy Egypt | Page 2

    Egypt renews Iraqi crude oil import agreement for another year Posted: January 22, 2018 at 2:39 pm / Oil & Gas Egypt has reportedly renewed an agreement to import crude oil from Iraq, an official at state petroleum buyer EGPC tells Reuters’

  • Chevron, Axens Show Interest in AMOC Project - Egypt Oil & Gas

    AMOC is planning to merge the mazut refining and the wax distillation projects into a single $1.5 billion project following lower-than-expected profits in Q1 of fiscal year 2018/19. The company plans to complete the project before 2023, Mostafa

  • MIDOR | Energy Egypt

    2/6/2020 · Egypt has so far received half of its contracted 12 mn bbl of Iraqi crude oil scheduled for delivery in 2017, a source tells Al Mal. The latest shipment is the third since May. Refiner MIDOR received 50% of the total oil delivered, while AMOC

  • An Examination of Egypt’s Zero-Mazut Plan | Egypt Oil & Gas

    By Sarah Samir To reach and maintain prosperity, countries must continually seek new development. Like others, Egypt is on a continuous journey toward the development of its different sectors, especially the downstream oil and gas sector. The

  • UPDATE 1-Egypt nearing deal with Iraq in search for crude oil imports | Kitco News

    14/2/2017 · UPDATE 1-Egypt nearing deal with Iraq in search for crude oil imports

  • Iraq says plans to reduce oil products imports by 25 percent - Egypt Independent

    Iraq’s oil ministry on Monday said the nation would reduce its petroleum products imports by 25 percent as crude oil refineries are being rehabilitated following fighting with Islamic State militants. Iraq is also producing more oil products by

  • Tarek El Molla | Energy Egypt | Page 16

    Oil Minister Tarek El Molla pitched E&P investments in Egypt to a delegation from Russian state-owned energy company Zarubezhneft at a sitdown on Wednesday, Al Borsa reports. It was agreed that future meetings will take place to outline

  • China’s ‘teapot’ refiners set to slow crude imports as tanks overflow | Arab News

    Independent refiners, which make up some 12 percent of China’s crude demand, have enjoyed record profits since winning the right since late 2015 to import oil, selling diesel and gasoline

  • Jordan pressing pipeline projects with Iraq, Egypt | Oil & Gas Journal

    Even as it implements plans to receive supplies of natural gas from Egypt, the Jordanian government is also proceeding with a long-awaited project to build a new pipeline for the import of crude

  • US grants Iraq permission to temporarily import Iranian gas

    Washington on Sunday granted Iraq a 30-day extension to a waiver allowing it to import Iranian gas for its dilapidated power grids despite American sanctions, an Iraqi official said. The extension comes as Baghdad faces a cocktail of crises,

  • Summary Updated Master Strategy of Energy Sector in Jordan for the period (2007-2020

    8 • It is expected that the quantity of demand for primary energy for the year 2007 shall be about 7858 thousand TOE for the high demand scenario and 17108 thousand TOE in the year 2020 i.e. an expected growth rate of 6.2% during the period

  • JGC receives order for Iraq refinery upgrade project | Almeena projects

    Iraq is one of the world’s most oil-producing countries, with a permanent crude oil reserve of 145 billion barrels per day crude (BPD) oil production of 4.41 million barrels. However, the two refineries currently in operation were built in the

  • Saudi to cut price of August heavy crudes to Asia. - Free Online Library

    3/7/2009 · Saudi crude OSPs are usually released around the fifth of each month, and set the trend for Iranian, Kuwaiti and Iraqi prices, affecting some seven million barrels per day (bpd) of crude heading to Asia. Refining margins in June turned negative

  • Asian Refineries Expect Robust Margins, High Gasoline Demand - Egypt Oil & Gas

    The Iraqi Prime Minister, Mustafa Al-Kadhimi, along with the Minister of Oil, Ihsan Abdul Jabbar, have put the cornerstone of South Refineries company’ FFC project in Al Basra at a capacity of 55,000 barrels per day (b/d) of oil.

  • Analysis: Iran slips record volume of oil into China, reaches out to Asian clients for trade resumption - Yahoo! News

    8/3/2021 · Iran has quietly moved record amounts of crude oil to top client China in recent months, while India's state refiners have added Iranian oil to their annual import plans on the assumption that U.S. sanctions on the OPEC supplier will soon

  • New Saudi refineries to reduce crude export cushion | Al Arabiya English

    13/1/2013 · Saudi Arabia’s drive to build new refineries means its maximum capacity to export crude, the big gun it aims at other producers wanting higher oil

  • New Saudi refineries to reduce crude oil export cushion | Arab News

    DUBAI: Saudi Arabia’s drive to build new refineries means its maximum capacity to export crude, the big gun it aims at other producers wanting higher oil prices, is set to decline