DMEA - Downstream Middle East & Africa
Higher oil output boosts Saudi industrial production in July
OQ reportedly chooses BoA, Bank Muscat to assist with sale of gas pipeline unit
OQ, the state energy investment company of Oman, has reportedly chosen US-based Bank of America and a local lender, Bank Muscat, to provide assistance with the upcoming listing of its natural gas pipeline unit.
Egypt is joining the ranks of nations racing to pick up Russian oil
Jordan resumes oil imports from Iraq
Germany aims to sign LNG supply deals with UAE
Germany’s Economic Affairs and Climate Action Minister Robert Habeck said on September 19 that Chancellor Olaf Scholz was set to sign contracts for LNG supplies during an upcoming trip to the UAE.
DMEA: Iran offers to complete gas pipeline to Pakistan
Mohammed Ali Hosseini, the Iranian ambassador to Pakistan, says Tehran is prepared to complete a natural gas pipeline to neighbouring Pakistan as part of a wider effort to expand ties in the energy sector.
AfrOil: UNOC sees EACOP financing wrapped up soon
A representative of Uganda National Oil Co. (UNOC) has said that the East Africa Crude Oil Pipeline (EACOP) consortium expects to wrap up arrangements for funding its $4bn project by the end of November.
ARIA Commodities to build four new downstream facilities in Hamriyah Free Zone
UAE-based ARIA Commodities has announced plans to invest AED154mn ($41.93mn) in the construction of four new downstream and petrochemical facilities in the Hamriyah Free Zone (HFZA) in Sharjah.
Finance minister expects TotalEnergies to commit to Mozambique LNG restart by March 2023
Ugandan officials push back after European Parliament calls for suspension of EACOP
Egypt’s natural gas export revenues are expected to jump to $8.5-$10bn in FY2022-2023
East Pipes invites shareholders to vote on capital increase
Saudi Arabia’s East Pipes, a manufacturer of steel pipes for oil, gas and water transportation, said on September 19 that it had invited its shareholders to vote on a proposed capital increase.
Venezuela announces delivery of third Iran-built oil tanker
Nigeria: SPDC close to agreement that will allow tests of key oil pipeline to resume
Nigeria touts multiple gas export options
Nigerian officials are talking up plans to export gas via pipelines to Morocco and Algeria and in the form of LNG – and are pledging to send more gas to Europe in the coming winter.
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