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Tag: IEA

OPEC Secretary General: Egypt may join oil production limiting agreement

Posted: February 22, 2017 at 1:18 pm   /   Oil & Gas

Egypt may join the oil production limiting agreement, OPEC Secretary-General Mohammed Barkindo said at the press-conference on Tuesday. “We still expect more other producers will join [the agreement] in the possible time… Yes, we would like to see Egypt to be part [of the agreement],” Barkindo said. Egypt is currently an observer state in the […]

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Egypt stands out in IEA's Africa Gas Outlook

Posted: June 16, 2016 at 9:38 pm   /   Oil & Gas

Both supply and demand average growth rates for African gas will exceed world average growth of 1.5%/yr between 2015 and 2021, forecast the IEA’s 2016 world Medium Term Gas Market Report (MTGMR), released last week. The continent’s gas production and supply is expected to grow by 2.2%/yr on average during that period, driven by Egypt […]

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