Gulf Oil and Gas accountACCOUNT

Saudi Aramco & Egyptís SUMED Sign Oil Deals

Source: www.gulfoilandgas.com 2/12/2019, Location: Africa

Petroleum Minister Tareq el Molla witnessed the inking of an agreement between Egypt's Arab Petroleum Pipelines Co. (SUMED) and Saudi Aramcoís trading arm, Aramco Trading Company (ATC) to provide 222,000 cubic meters of gas oil storage capacity in Sidi Kerir for re-export to Europe.

The companies also signed a second deal to supply fuel oil storage capacity of 165,000 cubic meters in the Red Sea port of Ain Sokhna, a statement by the Petroleum Ministry said.

That deal may include re-exporting and supplying fuel oil to power plants in Saudi Arabia, meeting the needs of the Egyptian market and providing fuel to ships in the region, according to the statement.

The deals were signed on the sidelines of an energy forum in Cairo.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects

Natural Gas News in Egypt >>

Italy >>  3/20/2019 - Tamoil and Snam, through its subsidiary Snam4Mobility, signed a contract to build a first batch of 5 natural gas filling stations in Italy, promoting ...
Russia >>  3/19/2019 - The Gazprom Board of Directors took note of the information about the work being done by the Company to promote natural gas (methane) as a vehicle fue...

Russia >>  3/15/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Francois Fillon, French politician, took place today in St....
Morocco >>  3/7/2019 - Sound Energy, the Moroccan focused upstream gas company, confirms continued positive discussions with Morocco's Office National de l'Electricitť et de...

Russia >>  3/6/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took ...
Australia >>  3/5/2019 - Chevron Australia has announced the commencement of domestic gas deliveries from the Chevron-operated Wheatstone natural gas facility near Onslow, Wes...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.