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.
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