Middle East downstream news

The EIA reports that the UAE has invested heavily in increasing hydrocarbon production capacity.

Excelerate Energy and QatarEnergy have announced the execution of a 15-year LNG Sales and Purchase agreement (SPA).

ADNOC has taken a 10.1% equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global carbon capture and storage (CCS) projects.

ADNOC has announced the signing of a 15-year Heads of Agreement (HoA) with ENN LNG (Singapore) Pte. Ltd. for the delivery of at least 1 million tpy of LNG.

Keppel Corp. Ltd and AM Green have signed a Memorandum of Understanding (MoU) to jointly explore opportunities to produce biogenic carbon-based sustainable fuels.

The first test flight to demonstrate the potential for converting methanol to sustainable aviation fuel (SAF) has taken place in Dubai, UAE, on the sidelines of COP28.

Nearly one-third of global LNG exports in 2022 were supplied by exporting countries of the Middle East and North Africa (MENA) region, according to data from the International Group of Liquefied Natural Gas Importers (GIIGNL).

Neste and ENOC Group have agreed to collaborate to explore the possibilities of supplying and purchasing sustainable aviation fuel (SAF) in Dubai and the wider Middle East North Africa (MENA) region.

ADNOC and Santos have announced the signing of a strategic collaboration agreement to work towards the establishment of a global carbon management platform.

Dragos has signed a Memorandum of Understanding (MoU) with Aramco to help protect critical industrial assets and infrastructure for Aramco and its affiliates.