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Issue 773 10•June•2020 Week 23
Deal reached, cuts extended
After a week’s wrangling OPEC+ has come to an agreement to extend the
production cuts agreed for May and June.
ADNOC deal in the pipeline
Following major downstream sell-offs in 2019, ADNOC is now close to
sealing a deal to sell a stake in its domestic gas pipeline network.
an’s gas storage plans
Ir
Iran is looking to increase its gasoline storage capacity in response to a slump
in demand caused by the coronavirus.
PDO increases crude target
Oman’s PDO has revised its 2024 crude production target to 700,000 bpd.
