Page 1 - MEOG Week 26
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Issue 776 01•July•2020 Week 26
ADNOC deals pipe deal
ADNOC has concluded a deal to sell a stake in its gas pipeline business to a
group of international investors.
an inuagurates Hormuz bypass
Ir
Iran’s President Hassan Rouhani has officially launched work on an oil
pipeline linking the Gulf port city of Goreh to Jask on the Sea of Oman.
aq re-assesses contracts
Ir
Iraqi Oil Minister Ihsan Abdul Jabbar said this week that Baghdad is
considering amending contracts as it seeks to control expenditure.
The new normal
World oil markets have found some support over the last week, but
companies are still adjusting to the new price environment.