Page 1 - MEOG Week 25 2021
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Issue 824               23•June•2021                      Week 25





                    ™      Raisi rises above competition


                            Iran has voted in conservative cleric Ebrahim Raisi, who is close to Supreme
                            Leader Ayatollah Ali Khamenei though turn-out was less than 50%.


                    ™      ethys provides production update
                            T

                            Sweden’s Tethys Oil last week announced that its oil production from Oman’s
                            onshore Blocks 3 & 4 averaged 11,190 barrels per day (bpd) during May.

                    ™      Export credit for ADNOC projects


                            Korea’s Eximbank has agreed to lend $5bn to the ADNOC in a move to
                            strengthen ties further between South Korea and the UAE.

                    ™      aq plans to up WQ-1 output
                            Ir

                            Iraq’s Ministry of Oil this week announced plans to ramp up oil production
                            capacity at the supergiant West Qurna-1 oilfield.
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