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.
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