Libya to dispatch oil to Egypt next month
Libya will soon start dispatching oil to Egypt on soft credit terms as Cairo is currently struggling to pay for oil imports
Industry
Horizon Terminals Limited to commission new oil terminal in UAE’s Jebel Ali by end of year
Horizon Terminals Limited (HTL), a subsidiary of Emirates National Oil Company (ENOC), announced that its new oil terminal in Jebel Ali, with a storage capacity of over 141,000 cubic metres, is likely to be completed by the end of 2013
Abu Dhabi to continue petrol imports for a year
Abu Dhabi will continue to import petrol for at least another year in order to help the emirate meet domestic demands until a new refinery in Ruwais begins producing fuel in 2014
Kurdistan Region of Iraq's oil exports 'have doubled'
The autonomous government of the Kurdistan Region of Iraq has announced that its oil exports to world markets have doubled since the start of the year
UAE to up oil exports to six million barrels this month via pipeline
The UAE is planning to step up its oil exports to six million barrels in April via the Fujairah pipeline that bypasses the Strait of Hormuz
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