Page 1 - MEOG Week 40
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Issue 789 07•October•2020 Week 40
OPEC+ stable despite swings
OPEC+ levels were more or less maintained as a major output reduction by
the UAE was offset by increases by Iran, Iraq, Libya and Venezuela.
ael and Lebanon agree to talks
Isr
Neighbours Israel and Lebanon have agreed to enter into discussions
regarding the demarcation of a maritime border between the two.
More US mediation
Following the signing of a peace agreement in September, the US, Israel and
the UAE have agreed an energy-focused co-operation deal.
an keeps drilling
Ir
Iran’s PEDEC last week said that the first development phase of the Azar
oilfield has reached 97% completion.