Page 1 - DMEA Week 24
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Issue 454                18•June•2020                      Week 24






                    ™     ™anian stopgap
                            Ir

                            Venezuela hopes that imported Iranian gasoline and price reforms will help
                            meet demand.


                    ™     ™South Africa consolidates


                            South Africa is looking to merge its state oil and gas companies to boost their
                            efficiency.

                    ™     ™amco seals SABIC takeover
                            Ar

                            Saudi Aramco has closed the $69bn purchase of a majority share in petrochemicals
                            giant SABIC, as it looks to diversify away from crude oil sales.

                    ™     ™Nigeria’s condensate solution


                            Nigeria’s national oil company plans to construct a 200,000 bpd condensate
                            refinery to maximise value from reserves and curb fuel imports.
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