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Waha Oil’s pumping plans hampered by funding shortfall

TUNIS / Reuters Libya’s Waha Oil Co is producing about 260,000 barrels per day (bpd), up more than 100,000 bpd from the company’s output levels this summer, but further gains are complicated by a lack of investment, its chairman said. Ahmed Ammar said Waha was aiming to increase output to 375,000 bpd by the end of next year but was ...

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Russian producers, ministry discuss six-month oil output cut extension

MOSCOW / Reuters Russia’s oil producers and energy ministry discussed a six-month extension to global oil output cuts, TASS news agency repor-ted, citing unnamed meeting participants, shorter than a 9-month extension floated by Russian President Vladimir Putin. Energy Minister Alexander Novak and domestic oil producers held a meeting last week to discuss the deal, which is scheduled to expire on ...

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Poland’s PGNiG signs deal for LNG supplies from US

TUNIS / Reuters Poland’s dominant gas firm PGNiG has signed its first mid-term deal for liquefied natural gas (LNG) deliveries from the United States, as part of a wider plan to cut its reliance on Russian supplies, it said. State-run PGNiG said that as part of the deal, signed with Centrica LNG Co. Ltd, it will receive nine LNG shipments ...

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