DMEA - Downstream Middle East & Africa
Egypt raises domestic energy production, saving $3.6bn in fuel imports, says minister
Egypt’s minister of petroleum and mineral resources Karim Badawi says the country was able to save around $3.6bn in fuel imports during the 2024/2025 fiscal year, thanks to an increase in domestic energy production.
Ghana increases petrol, LPG prices
Fuel prices in Ghana are set to be adjusted during the country’s second pricing window this month, with liquefied petroleum gas (LPG) and petrol expected to increase and diesel set to drop slightly, according to Business Ghana.
Iranian state distributor says diesel imports drop to zero as smuggling tackled
Iran’s state fuel distributor said the country no longer needed to import diesel, as daily consumption in non-power sectors fell by around 5mn litres compared with last year, thanks to tighter controls and anti-smuggling measures.
Nigerian's NNPCL and joint venture partner Sahara Group commission new LPG carrier
The Nigerian National Petroleum Co. Ltd. (NNPCL) has expanded its liquefied petroleum gas (LPG) fleet with JV partner Sahara Group, commissioning a new ship to be constructed in Ulsan, South Korea.
Rabat showcases $25bn Nigeria-Morocco Gas Pipeline (NMGP) project to US investors
Rabat presented the ambitious $25bn Nigeria-Morocco Gas Pipeline (NMGP) project to key American investors at the US-Africa Energy Forum in Houston earlier this month, amid rising interest among investors and institutions there to back projects.
Aramco continues asset monetisation with $11bn Jafurah deal
BlackRock-led consortium takes 49% stake in key gas infrastructure as questions emerge over the kingdom’s long-term strategy for its core energy assets
Premium petrol to be available at market rates next month, Iranian oil minister says
Iran will roll out a new grade of imported premium petrol at selected filling stations within a month, Oil Minister Mohsen Paknejad said, stressing the move “has nothing to do with current fuel quotas."
Port Harcourt designated as Nigeria’s ‘premiere energy city’ despite refinery woes
Nigeria’s Rivers State administrator Vice Admiral Ibok-Ete Ekwe Ibas designated Port Harcourt as Nigeria’s premier energy city this week as part of a bid to renew membership in the World Energy Cities Partnership (WECP), according to Leadership.
Iraq detains oil tanker for suspected fuel smuggling
The Iraqi navy detained a Liberian-flagged oil tanker located in its territorial waters on August 8 as part of efforts to combat fuel smuggling at sea.
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