• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 15 hours Oil prices going Up? NO!
  • 2 hours Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 6 hours Renewables to generate 50% of worldwide electricity by 2050 (BNEF report)
  • 36 mins The Tony Seba report
  • 2 hours Kenya Eyes 200+ Oil Wells
  • 2 hours Are Electric Vehicles Really Better For The Environment?
  • 1 day Oil prices going down
  • 11 hours Saudi Arabia turns to solar
  • 1 day Could oil demand collapse rapidly? Yup, sure could.
  • 23 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 2 days Oil Buyers Club
  • 2 days Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 2 hours OPEC soap opera daily update
  • 1 day Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 2 days Gazprom Exports to EU Hit Record
  • 1 day Tesla Closing a Dozen Solar Facilities in Nine States
OPEC’s Agreement Sends Oil Prices Soaring

OPEC’s Agreement Sends Oil Prices Soaring

Oil prices spiked on Friday…

The OPEC Agreement Puts A Floor Under Oil Prices

The OPEC Agreement Puts A Floor Under Oil Prices

OPEC’s agreement to raise production…

Russia, Morocco Sign String Of Energy And Military Deals

LNG

Russian Prime Minister Dmitry Medvedev discussed supplying liquefied Russian natural gas to Morocco on a visit to Rabat on October 11 during which he signed a string of energy, military, and other deals.

Medvedev met with Moroccan Prime Minister Saadeddine El Othmani and presided at a signing ceremony for 11 bilateral agreements covering cooperation in such areas as customs, agriculture, the military, culture, energy efficiency, and nuclear energy.

Medvedev touted what he called a "very promising project to supply liquefied natural gas (LNG) to meet the needs of the Moroccan economy," saying during a press conference that "the potential for cooperation is huge."

Russia's energy minister, Aleksandr Novak, on a visit to Morocco last month said an LNG regasification terminal was being built and the two countries discussed gas deliveries by the Russian groups Gazprom and Novatek, local media reported.

Morocco has few oil and gas reserves of its own and is planning to open an LNG terminal at Jorf Lasfar on the North African country's Atlantic coast in 2019, according to the Energy Ministry.

The disputed Western Sahara region that Morocco annexed in the mid-1970s also was a topic of the talks between Medvedev and El Othmani.

Medvedev is traveling with a large Russian government delegation and business executives. Morocco's King Mohammed VI hosted a lunch in the prime minister's honor.

Medvedev arrived in Morocco after a visit to Algeria, where he discussed oil prices and energy cooperation.

By RFE/RL

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News