Page 3 - DMEA Week 01 2021
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DMEA                                           CONTENTS                                               DMEA


















                         COMMENTARY
                         A long, strange year: 2020 in review                                  4

                         Aramco’s apt ending to 2020                                           9
                         NRG: Energy markets edge cautiously into a new year                 11

                         POLICY

                         Iraq approves budget, with sticking points remaining                16
                         South Korean-flagged tanker seized by Iran in Persian Gulf          16
                         Iran resumes gas exports, cuts oil target                           17

                         REFINING

                         Ethiopia preparing to scrap GTL contract following probe            18
                         Waltersmith secures Seplat oil for Nigerian refinery                19
                         Kenya, Eni discuss biofuel production in Mombasa                    19

                         Sudan’s sole oil refinery begins maintenance                        20

                         PETROCHEMICALS

                         Saudi petchem firm strikes offtake deals for new plant              20

                         LNG
                         Total asks some staff to vacate Mozambique LNG site on safety concerns  21

                         Supply disruptions in Algeria contribute to LNG market tightness    21

                         FUELS
                         Iraq to supply fuel oil to Lebanese power plants                    22

                         Kuwaiti filling station workers go on strike                        22

                         NEWS IN BRIEF                                                        23



















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