DMEA - Downstream Middle East & Africa

Ex-official of Nigeria's NNPCL faces up to 25-year US jail term in $2.1mn bribery case

Nigeria’s Dangote refinery set to take advantage of Middle East refining pause

As refineries in the Middle East start to close for maintenance Nigeria’s 650,000 barrel per day (bpd) Dangote refinery is prepared to pick up the slack, increasing its exports to foreign countries in place of Gulf refiners, according to The Punch.

Syria begins exporting heavy crude from Tartus terminal

Syria has restarted exports of heavy crude oil from its Tartus terminal for the first time in years, according to Anadolu Agency, which cited an announcement from the country’s energy ministry this week.

West tightens noose on Tehran with sanctions and nuclear ultimatum

Europe and the US are working to increase pressure on Iran as recent talks appear to have led to a dead end

Nigeria’s Dangote refinery buys crude from Ghana

Nigeria’s 650,000 barrel per day (bpd) Dangote refinery has moved to obtain crude oil from Ghana as part of efforts to diversify its feedstock sources, according to The Guardian.

Angola set to complete Cabinda refinery, with production to start in 2025

Angola’s 30,000 barrel per day (bpd) Cabinda refinery is expected to start fuel production by the end of 2025 once construction is complete, according to the country’s oil and gas minister Diamantino Azevedo.

Fuel prices drop in Morocco amid global oil decline

Fuel prices in Morocco dropped following a global decline in crude oil prices. International crude prices went as low as $65.4 per barrel as of September 3.

Cabinda refinery set to boost Angola’s fuel production by year-end

Angola’s President João Lourenço on September 1 inaugurated the first phase of the Cabinda refinery, the country’s first refinery to be built in almost 50 years.

AKK gas pipeline landowners decry unpaid compensation as Nigeria’s NNPCL insists 99.9% is settled

Farmers and homeowners along Nigeria’s Ajaokuta–Kaduna–Kano (AKK) gas pipeline project have said they have yet to receive compensation for seized land, contradicting the NNPCL assertion that payment is almost complete

Iran begins trial PP production at new petchem plant

A petrochemical plant in western Iran began trial production of polypropylene, taking the final step before its official launch.

Kurdistan government pushes for fiscal breakthrough as oil firms resume output

A high-level Kurdish delegation is seeking to break a long-standing impasse over oil exports and revenue sharing

Nigeria boosts gas output to 7.6bscfd in July, flaring falls to record low

NNPCL targets $60bn investment to boost Nigeria's oil output, refining capacity by 2030

The Nigerian National Petroleum Company Limited (NNPCL) has said it requires at least $60bn to increase its refining capacity by 500,000 bpd and meet production targets by 2030.

Egypt to build pipeline to handle increased Israeli gas imports

Egypt is reportedly planning to build a new pipeline to accommodate increasing natural gas imports from Israel

Nigeria’s NNPCL signs gas supply agreement with NLNG

The Nigerian National Petroleum Co. Ltd. (NNPCL) has signed a long-term gas supply agreement with Nigeria Liquefied Natural Gas Ltd. (NLNG) along with five other upstream gas suppliers.

South Africa’s Sasol looks to avoid US tarriffs