Monday 8 February 2016
 
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UAE plans floating LNG import terminal later this year

State-owned Abu Dhabi National Oil Co (Adnoc) plans to start a new liquefied natural gas floating import terminal (FSRU) in the second half of this year, three LNG industry sources said.   The floating import ter

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Asian imports of Iran oil plunge 18pc

Asian imports of Iranian oil fell 18 per cent in December from a year earlier, as Iran's biggest crude buyers refrained from increasing their purchases before sanctions were lifted as part of an agreement on Tehran's disputed nuclear p

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Asian imports of Iran oil plunge 18pc

Asian imports of Iranian oil fell 18 per cent in December from a year earlier, as Iran's biggest crude buyers refrained from increasing their purchases before sanctions were lifted as part of an agreement on Tehran's disputed nuclear p

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Egypt aims to reduce import bill by 25pc

Egypt aims to reduce its import bill by 25 percent in 2016 compared to the previous year after the central bank imposed sweeping new import controls last month, its governor told Reuters. The country plugged major loopholes that h

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Egypt aims to reduce import bill by 25pc

Egypt aims to reduce its import bill by 25 percent in 2016 compared to the previous year after the central bank imposed sweeping new import controls last month, its governor told Reuters. The country plugged major loopholes that h

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November Asian imports of Iran oil drop 16.2pc

Asian imports of Iranian oil in November fell by the most in nine months with India and South Korea cutting their imports as buyers mainly hold off on raising their purchases after July's landmark agreement on Tehran's disputed nuclear

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LNG import terminal back at full capacity: Nepco

Jordan's National Electric Power Company (Nepco) said its floating liquefied natural import terminal was back working at full capacity after adverse weather disrupted operations earlier this month.   Nepco de

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Bahrain’s non-oil imports soar 11pc to $1.1bn

Bahrain’s non-oil imports soared by 11 per cent last month to top BD430 million ($1.13 billion), up from BD388 million in September. National exports dropped by eight per cent in the same month to BD133 million, down from BD168 million l

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Egypt industrialists urge import regulation

Egypt's industrial federation has called for tighter regulations on imports in an attempt to ease demand for dollars and prevent a repeat of the currency crisis that has seen goods pile up at ports this year. Mohamed El Sewedy

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Egypt to import wider range of food to lower prices

Egypt said it would import a wider array of essential items, part of its push to keep food prices down despite a dollar shortage that has crippled imports.   On Thursday the government formed a working group to t

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