Page 1 - MEOG Week 02 2021
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Issue 801 13•January•2021 Week 02
Saudi takes control
The Kingdom has acted alone to prop up prices and while it is handing
production share to Russia, Saudi has shown the market who is boss.
an formalises new local oil deals
Ir
Iran’s Minister of Petroleum Bijan Zangeneh this week oversaw the signing of
eight deals with local companies to maintain and increase production levels.
aq and Jordan talk supply renewal
Ir
The governments of Iraq and Jordan are holding discussions regarding the
renewal of their agreement on crude oil supplies between the two countries.
Azar phase one nears completion
After recent delays, Iran will soon inaugurate the first development phase of
the Azar oilfield despite production having begun in 2017.
