DMEA - Downstream Middle East & Africa

29 June 2023

Another blow to EastMed as Cyprus favours simpler export option

28 June 2023

The EastMed gas pipeline project, which has been discussed for over decades, looks even less likely to materialise after the new government in Cyprus now says it favours the development of a shorter link from Israel.

Turkey remains top destination for Russian diesel exports

28 June 2023

Turkey is set to be the top destination for Russian diesel exports again this month, with trader comments and Refinitiv Eikon data also showing the country’s own shipments will increase following the completion of seasonal refinery maintenance.

French, Ugandan NGOs file new suit against EACOP in Paris court

28 June 2023

French and Ugandan NGOs have filed suit against France’s TotalEnergies over the Lake Albert oil project.

Nigeria’s campaign to open fuel imports to private companies making slow progress

26 June 2023

Nigeria's move to open the domestic fuel sector to private entities appears to be having a limited impact, as no private marketers have actually launched gasoline imports yet.

More pain as Kenya doubles VAT on petroleum products

23 June 2023

Retail fuel prices in Kenya are set to increase substantially from next month after Members of Parliament voted in favour of raising value added tax (VAT) on petroleum products to 16% from the current 8%.

Iraqi refining news gives pause for optimism

22 June 2023

Qatar signed a deal this week to develop an oil refinery in Iraq, while the rehabilitation of another facility supports a broader positive trend in the Iraqi downstream.