DMEA - Downstream Middle East & Africa
Saudi Aramco to keep August term LPG CPs stable
Saudi Aramco is expected to release term contract prices (CPs) for LPG loading in August, with Asian buyers anticipating these to remain unchanged from July at $585 per metric tonne for propane and $565 per metric tonne for butane.
UAE fuel prices rise for August
The following prices are as listed. Diesel: AED 2.95 ($0.80) per litre, Super 98 petrol: AED 3.05 ($0.83) per litre, Special 95 petrol: AED 2.93 ($0.80) per litre, E-Plus 91 petrol: AED 2.86 ($0.78) per litre.
Houthis attack tankers carrying Russian oil
Yemen’s Houthi rebels have started to launch attacks on tankers carrying Russian cargo – especially if the vessels have visited an Israeli port before transiting the Red Sea, according to a new report released by the Washington Institute.
Saudi Arabia begins importing fuel oil from Kuwait
Saudi Arabia has turned to Kuwait to help meet peak summer power demand, importing fuel oil from the country for the first time since May 2022.
Iran exports $3.39bn worth of petchem products in June
The secretary of Iran's Association of Petrochemical Industry Co. Ahmad Mahdavi said on July 29 that that Iran had earned $3.39bn from exporting petrochemical products over the course of three months.
Iran’s petchem exports at 7.7mn tonnes in four months, union leader says
Iran exported more than 7.7mn tonnes of petrochemical products, worth $3.39bn, in the first quarter the Persian calendar year that started March 20, a union leader said.
Aramco signs preliminary deal for Jafurah plants
Aramco has signed a deal for the development of gas compression plants at Jafurah
DMEA: Hodeidah oil terminal bombed by Israeli jets
Oman announces plans for new LNG train
Oman’s Minister of Energy and Minerals announced this week that the country will add a fourth train at its key LNG export facility at Qalhat Industrial Complex south of Muscat.
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