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Middle East downstream news

 
 
 
 
 

ADNOC makes strategic investment in Storegga

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.

 
 
 
 

MENA countries supply approximately one-third of global LNG

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).