Showing posts with label Refined Oil Product Imports. Show all posts
Showing posts with label Refined Oil Product Imports. Show all posts

Wednesday, March 15, 2017

Saudi Aramco to resume oil product shipments to Egypt soon - REUTERS

Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show
and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017.
REUTERS, Hamad I Mohammed
Wed Mar 15, 2017, 2:16pm EDTEhab Farouk, Eric Knecht, CAIRO

Saudi Arabian state oil company Aramco will resume oil product shipments to Egypt some six months after halting them suddenly, the Egyptian Petroleum Ministry said on Wednesday, signaling a potential thaw in relations after months of tension.

The ministry said in a statement that it was working with Aramco on a timetable for the resumption of shipments and that the reasons behind the October cut-off were purely commercial.