DMEA - Downstream Middle East & Africa

25 May 2023

Egypt exports 2.5mn tonnes of LNG in the year to April.

24 May 2023

Egypt exported about 600,000 tonnes of liquefied natural gas in April 2023, bringing total exports for the year to April to 2.5mn tonnes.

Eni chief says EastMed Gas Pipeline would need Turkey’s participation

23 May 2023

Eni CEO Claudio Descalzi has told an Italian parliamentary committee that construction of the proposed 1,900-km, $6bn EastMed Gas Pipeline would require the participation of Turkey if it is to become a reality.

Dangote Petroleum Refinery aims to slash Nigeria's $26bn petroleum import bill

23 May 2023

Nigeria’s newly constructed Dangote Petroleum Refinery is a step towards helping the country tackle its $26bn foreign exchange bill for imported petroleum products and fertiliser, the Governor of the Central Bank of Nigeria (CBN) has said.

nogaholding sukuk five times oversubscribed

22 May 2023

Bahrain’s Oil & Gas Holding Co. (nogaholding) has announced the successful pricing of $750mn worth of international trust certificates, which are set to mature on May 25 and carry a profit rate of 6.625%.

Shell, Equinor expect to sign HGA, PSA for Tanzania LNG project within next few weeks

22 May 2023

Shell (UK) and Equinor (Norway) are preparing to sign a host government agreement and a production-sharing agreement for Tanzania LNG, an ambitious natural gas production and export project, in the near future.

Abu Dhabi National Oil Company eyeing purchase of stake in Egyptian military-owned gas stations

22 May 2023

Abu Dhabi National Oil Company (ADNOC) is among leading contenders to purchase a stake in military-owned gas stations, Wataneya Petroleum, as part of the Egyptian government’s privatisation programme.

Libya resumes gas exports to Italy after Mellitah plants upgrade

22 May 2023

Last week, around 3mn cubic metres of gas arrived at the arrival point in Gela in Sicily. The amount, however, is only nearly one third of the 9 mcm Italy usually receives daily from the Mellitah plants.

Algeria reports rise in LNG exports as it becomes Africa’s top exporter

18 May 2023

According to a report by the Organization of Arab Petroleum Exporting Countries (OAPEC), the North African country reported that exports climbed to about 2.8mn tonnes in the first quarter.