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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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Chinese financiers pull out of $2.8bn gas pipeline project in Nigeria
The Abuja-Kaduna-Kano gas pipeline project in Nigeria has stalled due to financiers pulling out of the project, local media report.
Gazprom to set up Middle East arm
Russia’s state gas giant Gazprom announced this week that it will establish a unit in the Middle East, though it failed to provide further details.
NEITI tallies up Nigeria’s losses to crude theft, subsidies
The Nigeria Extractive Industries Transparency Initiative (NEITI) last week reported that the country had missed out on NGN29.3 trillion ($63bn) owing to crude oil theft and fuel subsidies over a 16-year period.
Iraq set to renew Jordan supply deal
Iraq’s state oil marketer SOMO announced last week that a new memorandum of understanding would be signed for the resumption of crude supplies to the Jordanian Petroleum Refinery Co. (JPRC).
MoU set to strengthen ties between Iran, Venezuela
Iran and Venezuela this week signed a memorandum of understanding on gas, oil and petrochemical co-operation as the two countries continue strengthening ties.
Wison reportedly wins EPC contract from India’s Padah LNG for mystery Nigerian project
China’s Wison Offshore and Marine has won a contract to provide procurement services for the builder of an onshore LNG plant in Nigeria’s Akwa Ibom State, Upstream Online has said.
Methanex Egypt signs agreement with Suez Methanol Derivatives to build methanol pipeline
Methanex Egypt and the Suez Methanol Derivatives (SMD) Company have signed an agreement to develop the infrastructure for the supply of methanol from Methanex Egypt’s plant to the neighbouring SMD project in Damietta.
Baghdad and Erbil close in on exports resumption
The Iraqi Federal government and the Kurdistan Regional Government (KRG) have taken a significant step towards resuming northern oil exports from the Turkish port of Ceyhan to international markets.
Morocco’s gas imports from Spain increase significantly
Morocco’s gas imports from Spain through the Maghreb-Europe pipeline surged significantly to 820 GW by end-March 2023 from 60 GW in June last year, Spanish news outlet The Objective reported.
NIOC nearing completion of NGL 3200 project
The National Iranian Oil Co. is soon to complete the first phase of the NGL 3200 project, a major stride towards the collection of associated gases.
Beleluane Gas Co. begins seeking owners engineer for delayed Mozambican LNG import project
BGC, the operator of a planned LNG import terminal in Mozambique, said late last week that it was seeking an owners engineer to supervise EPC activities for its project.
DMEA: EACOP returns to court
Russia boosts gasoline exports to Africa after EU sanctions
Russia has boosted its gasoline exports by nearly 50% year on year in the first quarter, with most of the deliveries going to Africa, according to ship tracking data.
Giant South African carbon emitter Sasol to intensify its green ambitions, but critics are unconvinced
South Africa’s biggest polluter, Sasol, has recommitted to its net zero target by 2050, but indicated that its ability to meet the goal is dependent on profitability.
Nigeria takes step towards eliminating gasoline subsidies
World Bank assistance funding will help Nigeria move to end its gasoline subsidy.
EACOP returns to court with construction underway
Sinopec becomes partner QatarEnergy’s NFE project
State-owned QatarEnergy this week signed a partnership deal with China Petrochemical Corp. (Sinopec) for the North Field East (NFE) expansion project.
Nigerian politicians summon government officials over alleged illegal sale of crude oil to China
The Nigerian House of Representatives ad hoc Committee investigating the alleged loss of over $2.4bn in revenue from the illegal sale of 48mn barrels of crude in 2015 has summoned Minister of Finance Zainab Ahmed and Attorney General Abubakar Malami.
Nigerian group calls for refinery revamp, anti-corruption campaign
Nigeria’s Human Environmental Development Agenda (HEDA) has urged the country’s government to prioritise the eradication of corruption and rehabilitation of domestic refineries before removing fuel subsidies.
Iraq asks court to enforce Turkey arbitration
Iraq is seeking to enforce an arbitration award against Turkey relating to oil exports through a pipeline to a Turkish port, according to documents filed with a US federal court.
Iran begins importing fuel from Russia
Russia has commenced fuel exports to Iran by rail this year for the first time, after traditional buyers opted to avoid trade with Moscow. Iran and Russia, both under Western sanctions, are forging closer ties to support their economies.
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