OPEC Secretary General: Egypt may join oil production limiting agreement
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 […]
Egypt stands out in IEA's Africa Gas Outlook
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 […]