Page 3 - DMEA Week 18 2020

DMEA CONTENTS DMEA
COMMENTARY
Saudi, Russia and the US keep maneouvring after oil deal 4 Iraq moves to resolve oil dispute with Erbil 6 SABIC sinks deep into the red 8
TRANSPORT
Qatar’s QP to axe jobs, cut costs 9
W-Industries bags subsea contract for Mozambique LNG project 10 REFINING
Ghana must exploit low oil prices to help Tema refinery: union 11 PETROCHEMICALS
Ethiopia commissions gas processing study 11 Egypt’s SIDPEC to move forward with $1.2bn polymer project 12
FUELS
Delek sheds Israeli fuel arm for $205mn 12 Rwandan fuel importers seek tax break for excess supplies 13 Oil product stocks rise at Fujairah 14
NEWS IN BRIEF 15 OUR CUSTOMERS 16
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Week 18 07•May•2020 w w w . N E W S B A S E . c o m P3