Page 3 - DMEA Week 15 2020
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DMEA CONTENTS DMEA
COMMENTARY
QP forges ahead with LNG expansion, undeterred 4 Squeeze on oil trading spreads to Fujairah as storage fills up 6 OPEC+ cuts deep into global supply, but not deep enough 8
MACRO
Oil plunges again after IEA paints bleak picture 10
PETROCHEMICALS
SOCAR, BP delay greenlight for $1.6bn Turkish petchem venture 11
Aramco in talks for $10bn loan for SABIC takeover 11 TRANSPORT
Libya says gas flows disrupted after unauthorised pipeline closure 12 NGOs urge bank not to fund Uganda-Tanzania oil pipeline 12
FUELS
Nigeria announces end to fuel subsidies 13 Sudan to allow private firms to import fuel 14
PUMA Energy Tanzania donates fuel to support COVID-19 mitigation efforts 14
NEWS IN BRIEF 15 OUR CUSTOMERS 16
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Week 15 16•April•2020 w w w . N E W S B A S E . c o m P3
