Tag Archives: Africa

The second-largest production increase came from Iraq and the United Arab Emirates.

Egypt has been importing liquefied natural gas over the past years.

OPEC’s production rose in August as a recovery in Libyan output helped offset a cut in Iranian exports.

The biggest increase in supplies this month has come from Libya. whose output remains volatile due to unrest.

A network to transport the gas has already been established. allowing the newly discovered gas to be easily transferred.

Global Risk Insights reported recently that fighting for the Libyan oil crescent region is not over.

Over the past week Libya’s crude oil production has exceeded 1 million bpd for the first time since June.

Algeria has signed a nine-year deal to supply Spain with nine billion cubic meters (bcm) of gas per year.

Natural gas production in Egypt has declined largely as a result of relatively low investment.

The oil sector will continue to sign more agreements to attract foreign investment.