DMEA - Downstream Middle East & Africa

30 September 2022

Ongoing shifts in Venezuela’s relationships with Russia, Iran

29 September 2022

Russia’s entry into the ranks of countries sanctioned by the US appears to be damaging ties with Venezuela – and giving Venezuela reasons to expand its existing co-operation with Iran.

Iranian energy researcher voices doubts about gas swap agreement between Moscow and Tehran

28 September 2022

Morteza Behruzifar, a researcher at Iran’s Institute for International Energy Studies (IIES), has said he does not expect the signing of a natural gas swap agreement between Tehran and Moscow to bear much fruit.

Oil begins flowing to Iraq’s Karbala refinery

28 September 2022

Iraq’s Oil Ministry announced on September 25 that the Karbala refinery had begun receiving feedstock in preparation for trial production.

RWE signs documents with ADNOC on LNG supplies

28 September 2022

Germany’s RWE revealed on September 25 that it had signed documents with Abu Dhabi National Oil Co. (ADNOC) of the UAE on LNG supplies.

QatarEnergy names TotalEnergies as first foreign partner in NFS project

26 September 2022

QatarEnergy has named TotalEnergies (France) as its first foreign partner in the North Field South (NFS) expansion project, which aims to lift Qatar’s LNG exports by 16mn tonnes per year.

DMEA: ARIA Commodities to build new downstream facilities in HFZA

26 September 2022

UAE-based ARIA Commodities will invest AED154mn ($41.93mn) in the construction of four new downstream and petrochemical facilities in the Hamriyah Free Zone (HFZA) in Sharjah.

Cameroon: SONARA, Vitol strike deal on debt restructuring

26 September 2022

SONARA, Cameroon’s state-owned oil refining firm, signed an agreement with the Dutch commodities trader Vitol that will settle $279mn worth of outstanding debts on September 23.