Tag Archives: Africa

Egypt is becoming an important gas and electricity hub that can provide energy security for the EU.

Tripoli was shaken by clashes between rival armed groups at the beginning of this month.

NOC has announced year-to-date revenue for 2018 of 13.6 billion dollars. hitting the highest revenue since 2013.

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.