DMEA - Downstream Middle East & Africa
Iraq approves tanker leasing to expand oil storage
The Iraqi government has approved a set of new measures aimed at supporting oil marketing, storage capacity and domestic fuel supply, as part of efforts to maintain refinery operations and strengthen strategic reserves under current market conditions
Strike hits Iran’s Amirkabir petchem hours before ceasefire
Amirkabir Petrochemical Co. in Iran’s southwestern province of Khuzestan was hit in a nighttime strike, the latest in a series of attacks on the country’s petrochemical industry.
Kenya blocks fuel shipment as oil import investigation hits senior energy officials
Kenya has halted a second fuel shipment from docking at the Port of Mombasa as authorities deepen investigations into a disputed oil import arrangement, escalating pressure on the country’s fuel supply system.
Energy strikes redraw Gulf risk for global oil and gas
Violence between Israel, the US, and Iran reached a fever pitch this week, as targeted strikes on refineries and ports crippled vital global energy infrastructure.
Union leader says fuel supply steady despite war on Iran
Iran’s fuel supply network has continued to operate without disruption despite war and threats of further attacks, a union official said.
Nigeria's Dangote refinery owner says crude supply doubled amid Middle East disruption risks
Nigeria has increased crude supply to the $21bn Dangote refinery, but deliveries remain below full capacity needs, amid ongoing supply constraints even as the plant expands exports across Africa amid global oil market disruptions.
Third Iraqi oil shipment enters Syria via al-Tanf en route to Baniyas refinery
The third shipment of Iraqi oil bound for Syria’s Baniyas refinery arrived at the al-Tanf border crossing, according to Safwan al-Sheikh Ahmad, director of communications at the Syrian Petroleum Company.
Iran’s petchem facilities in Asaluyeh hit by Israeli air strike
Iran’s National Petrochemical Company (NIPC) said several “auxiliary facilities” of petrochemical industries in the Pars Special Economic Energy Zone in the southern province of Bushehr, had come under attack.
Iran slams strike on its petrochemical hub as ‘act of state terrorism’
Iran’s envoy to the United Nations condemned US and Israeli attacks on the country’s civilian infrastructure, including the bombing of a key petrochemical hub, describing them as a “war crime” and a “blatant act of state terrorism.”
Turkish PET plastic producers hit by tight feedstock availability amid war impacts
Turkish producers of the widely used plastic polymer polyethylene terephthalate (PET) are reportedly struggling with tight feedstock availability amid trade flow impacts of the conflict in the Middle East.
Iran ramps up Jask exports, but still heavily reliant on Kharg Island
Iran has increased loadings from its Jask terminal, but the port remains a supplement rather than a substitute for Kharg Island
US looks to seize Iranian territory, with Kharg Island a potential target
US President Donald Trump is reportedly considering an attack on Iran’s Kharg Island, home to the country’s largest oil export terminal, where 90% of its crude is exported from.
UK buys jet fuel from Dangote Refinery as shortages loom
As supply disruptions persist due to the war in Iran and fuel shortages become ever-present, Nigeria’s 650,000 barrels per day (bpd) Dangote Refinery has begun exporting jet fuel to Europe, with a cargo arriving in the UK this week.
Tanzania petrol prices jump 33% as regulator warns on bus fare hikes
Tanzania’s fuel prices surged more than 30% in April, prompting regulators to warn against fare hikes as higher transport and logistics costs threaten to feed into inflation across the economy.
Nigeria exports 950,000 barrels of new Cawthorne blend crude in first lifting from FSO terminal
Nigerian National Petroleum Company Limited has exported 950,000 barrels of a new Cawthorne blend crude, marking the first lifting from the FSO Cawthorne facility — Nigeria’s first new crude oil terminal in 50 years.
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