Page 1 - EurOil Week 22
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Issue 544 04•June•2020 Week 22
urkish EastMed moves
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Turkey may begin oil exploration in Eastern Mediterranean within 3-4 months as
part of a pact with Libya, its government has said.
UK drilling slump
There has been no exploration or appraisal drilling in UK waters in two
months, but Norway is faring better.
Sonatrach takes Medgaz
Algeria’s Sonatrach has become the majority shareholder in the Medgaz gas
pipeline across the bed of the Mediterranean Sea.
More Nord Stream 2 headaches
Nord Stream 2 could be hit by more US sanctions, and Poland’s regulator has
threatened to fine Gazprom as part of a probe into the project’s financing.