Page 1 - DMEA Week 38
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Issue 468 24•September•2020 Week 38
Consolidation concerns
Iraq is laying the groundwork for the re-launch of the Iraq National Oil Co.
(INOC) to oversee the development of the country’s oil sector.
an, Venezuela take next step
Ir
The latest tankers to bring Iranian fuel to Venezuela are also handling the latter
country’s crude exports.
Saudi petchem merger
Two Saudi petrochemical firms are considering a merger after sustaining heavy
losses, raising the prospect of further sector consolidation.
est African fuel infrastructure
W
Ghana has launched West Africa’s largest oil products terminal, while Cote
d’Ivoire is to build the largest LPG storage facility in sub-Saharan Africa.