Electricity Minister visits Europe's largest pumped-storage hydropower station to discuss renewable integration    Madbouly witnesses alliance signing between Arab Contractors, China's CSCEC    Arab-Islamic committee urges ceasefire, aid access as Israeli strikes devastate Gaza    Egypt launches trial operation of Cairo Ring Road BRT first phase    Egypt's Sisi reviews steps to boost investment, competitiveness    EGX ends mostly higher on June 1    Egypt's currency gains ground at Sunday's close    Egypt discusses expanding cooperation with Grifols on plasma project    EU warns of retaliation after Trump doubles steel tariffs    S. Arabia, Qatar to fund Syrian state salaries for 3 months    Japan weighs PM visit to Washington    Egypt, UNICEF cooperate on curricula-based teacher training    Egypt to sign crisis management pact with Arab Emergency Union    Israeli strikes intensify in Gaza as humanitarian system nears collapse    Egypt, Algeria, Tunisia revive Libya talks amid western fragility    Yoga Marathon in Cairo marks start of 11th International Day of Yoga events    Indian embassy in Cairo launches "Yoga at Iconic Place" contest for 2025 IDY    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt signs strategic partnership to advance orthopedic care with Zimmer Biomet    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    New Alamein City to host Egypt International Sculpture Symposium, "ART SPACE"    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt unearths rare Coptic-era structure in Asyut    Amun-Mes named as owner of Luxor's Kampp 23 tomb after 50-year mystery    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Azerbaijan's SOCAR supplies two Egyptian refineries with 2M barrels of Azeri Light
Amwal Al Ghad Published in Amwal Al Ghad on 08 - 11 - 2016

Azerbaijani state-owned oil firm SOCAR is set to supply two Egyptian refineries with two million barrels of Azeri Light oil, a source in the Azerbaijani firm announced Monday.
This comes as pursuant to the MoU signed last week between The Egyptian General Petroleum Corporation (EGPC) and SOCAR.
Hereby the MoU, both sides agreed on cooperating in LNG, infrastructure, petrochemicals industry and swapping agreements of crude oil and petroleum products.
This step follows the announcement of Saudi Aramco that it would halt petroleum products shipments to Egypt "until further notice".
On other side, the total volume of Azerbaijani SOCAR exports of oil to more than 30 states in Europe, Asia, and Americas is estimated at 22.1 million tonnes in 2015.

Clic here to read the story from its source.