DMEA - Downstream Middle East & Africa

ZIM, Shell sign 10-year LNG bunkering deal for new container ships

ZIM Integrated Shipping Services (Israel) has secured fuel supplies for 10 new LNG-powered ships that are due to enter its fleet in 2023-2024 under a long-term bunkering contract with a subsidiary of Shell (UK).

Nigeria: Kyari says NNPC Ltd has locked in oil supply agreement with Dangote Refinery

Mele Kyari, the group CEO of Nigerian National Petroleum Co. Ltd (NNPC Ltd), said on August 30 that his company has already locked in long-term supply arrangements with the Dangote Refinery.

BPCL expects Mozambique LNG to resume work in H1-2023

The Mozambique LNG consortium is likely to resume activity in the first half of 2023, according to India’s Bharat Petroleum Corp. Ltd (BPCL), a non-operating shareholder in the French-led group.

Nigeria to import services, petrochemical products from Iran

France gets closer to securing gas deal with Algeria following Macron's visit

SATORP reports net profits, revenues up in H1-2022

Saudi Aramco Total Refining and Petrochemical Company (SATORP) reported last week that its profits and revenues had both increased significantly in the first half of 2022.

Iran's petrochemical exports reportedly up 38% y/y to $9.1bn in first five Persian months

DMEA: TotalEnergies says it will continue building Arzew petchem plant in Algeria

TotalEnergies (France) will continue working to build a petrochemical plant in Algeria’s Arzew region, denying a report published earlier by African Intelligence.

Iran and Russia set to sign gas purchase and swap agreement, says Iranian oil minister

Iraq’s Ministry of Oil discusses effort to ensure adequate diesel supplies during heat wave

Iraq’s Ministry of Oil said last week that it was working to ensure that all regions of the country are adequately supplied with diesel in the face of a heat wave that has been gripping the country this summer.

Talanx declines to re-insure East Africa Crude Oil Pipeline (EACOP)

Talanx, Germany’s third-largest insurance company, has confirmed that it will not provide re-insurance coverage for the East Africa Crude Oil Pipeline (EACOP) project.