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In a region which has shown both extensive investment and increased instability over the past few years, MEA merits a significant degree of technically minded and industry-focused coverage.
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‘Ghost Ships’ delivering Iranian oil to Syria
Ghost ships are delivering Iranian oil to the Syrian Mediterranean port of Baniyas. During the past six months, eight tanker ships have made at least 17 deliveries and offloaded some 16mn barrels of liquid hydrocarbons in Syria.
AfrOil: Dangote Refinery launched
Aramco expected to finally sign deal for Iraq’s Akkas
Iraq has long courted Aramco for the promising, yet remote gas field, and it looks like the end is in sight
DMEA: Cape Town refinery to receive US crude
Cape Town refinery to receive rare shipment of US crude
The first US oil shipment to South Africa since 2021 is on its way to the country’s Astron Energy refinery, located in Cape Town, according to tracking data provided by energy data provider Kpler and Refinitiv Eikon.
Iran set to launch new gas condensate refinery
Iran’s Persian Gulf Mehr Refinery Co. (PGMC) announced this week that it aims to launch a large gas condensate refinery in the south of the country next year to meet rising gasoline demand.
Petrofac, China Huanqiu win EPC for Algerian petchem project
A joint venture comprising China Huanqiu Contracting & Engineering Corporation and Petrofac has been selected by STEP Polymers to begin a large-scale Algerian petrochemical project.
NNPCL says domestic refining will not compensate for subsidies
Nigeria’s NNPCL has said that the country’s domestic refineries will not make up for the removal of government subsidies but added that they would ensure adequate supply.
Dangote launched heralding a new era for Nigeria
The long-awaited, $19bn Dangote Refinery has come online after years of planning, construction and delays and is billed as a solution to Nigeria’s chronic fuel shortages.
Suez Canal zone poised to sign agreement with Energy China for $7bn green hydrogen and ammonia plant
Algerian natural gas exports to Southern Europe remains strong so far in 2023
Algerian natural gas exports to Southern Europe remained strong so far in 2023, as Italy’s demand is high and gas flows to Spain have recovered and are reaching their highest levels.
Egypt exports 2.5mn tonnes of LNG in the year to April.
Egypt exported about 600,000 tonnes of liquefied natural gas in April 2023, bringing total exports for the year to April to 2.5mn tonnes.
Eni chief says EastMed Gas Pipeline would need Turkey’s participation
Eni CEO Claudio Descalzi has told an Italian parliamentary committee that construction of the proposed 1,900-km, $6bn EastMed Gas Pipeline would require the participation of Turkey if it is to become a reality.
Dangote Petroleum Refinery aims to slash Nigeria's $26bn petroleum import bill
Nigeria’s newly constructed Dangote Petroleum Refinery is a step towards helping the country tackle its $26bn foreign exchange bill for imported petroleum products and fertiliser, the Governor of the Central Bank of Nigeria (CBN) has said.
Turkey and ship-to-ship loadings said to remain top destination for Russian diesel exports in May
nogaholding sukuk five times oversubscribed
Bahrain’s Oil & Gas Holding Co. (nogaholding) has announced the successful pricing of $750mn worth of international trust certificates, which are set to mature on May 25 and carry a profit rate of 6.625%.
Shell, Equinor expect to sign HGA, PSA for Tanzania LNG project within next few weeks
Shell (UK) and Equinor (Norway) are preparing to sign a host government agreement and a production-sharing agreement for Tanzania LNG, an ambitious natural gas production and export project, in the near future.
Abu Dhabi National Oil Company eyeing purchase of stake in Egyptian military-owned gas stations
Abu Dhabi National Oil Company (ADNOC) is among leading contenders to purchase a stake in military-owned gas stations, Wataneya Petroleum, as part of the Egyptian government’s privatisation programme.
Libya resumes gas exports to Italy after Mellitah plants upgrade
Last week, around 3mn cubic metres of gas arrived at the arrival point in Gela in Sicily. The amount, however, is only nearly one third of the 9 mcm Italy usually receives daily from the Mellitah plants.
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