Page 1 - DMEA Week 20 2022
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Issue 540                19•May•2022                       Week 20






                    ™      Feeling the pinch


                            The reduction in Russian oil flows to world markets has affected jet fuel and
                            diesel prices, as well as crude prices.


                    ™      Borouge IPO details announced


                            ADNOC and Borealis this week announced plans for the IPO of a 10% stake
                            in their Borouge JV, which will launch later this month.

                    ™      angible progress at Soyo
                            T

                            Following the laying of the foundation stone at the refinery at Soyo, Angolan
                            President João Lourenço met with the project’s developer in Luanda.

                    ™      an considers exporting gas to Europe
                            Ir

                            Iran is considering the possibility of exporting gas to Europe, a deputy oil minister was on May 15
                            quoted as saying by Iran’s official news agency for energy news.
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