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Ensure transparency in oil agreements

Ensure transparency in oil agreements  Thursday May 13 2021 On May 5, Energy and Mineral Development minister, Dr Mary Gorreti Kitutu, presented to Parliament the oil pipeline agreements the Ugandan government signed with their Tanzania counterparts and various companies involved in the implementation of the East African Crude Oil Pipeline (EACOP) project.  These agreements included the host government agreement, the tariffs and transportation agreement and shareholders agreement.  However, she stated that the agreements are commercial agreements with confidentiality clauses and called upon the Members of Parliament to handle the agreements in a manner that preserves the  confidentiality so that the government does not breach the obligation in the agreement 

GCC chemical projects worth $71bn amid pandemic recovery

RIYADH: Gulf petrochemical projects worth $71 billion are expected to become operational between 2020 and 2024, Al Eqtisadiah reported, citing the Gulf Petrochemicals and Chemicals Association (GPCA). Regional chemical production expanded 1.5 percent last year compared to a global decrease of 2.6 percent, it said. Increased demand for raw materials used in medical equipment

Azeri Light crude reaches $70

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.32 to stand at $69.42. AZERTAG.AZ :Azeri Light crude reaches $70 © Content from this site must be hyperlinked when used. Report a mistake by marking it and pressing ctrl + enter Follow us on social

Muslims around the world welcome Eid Al-Fitr with prayer

1 / 19 Muslims perform the morning Eid Al-Fitr prayer outdoors amid the destruction on May 13, 2021 in Beit Lahia in the northern Gaza Strip. (AFP) 2 / 19 Muslims perform the morning Eid Al-Fitr prayer outside the Dome of the Rock mosque in the Al-Aqsa mosques compound in Old Jerusalem early on May 13, 2021. (AFP) 3 / 19 Muslims listen to an Imam at a mosque during Eid Al-Fitr celebrations in Manila on May 13, 2021. (AFP) 4 / 19 Muslims perform the morning Eid Al-Fitr prayer on the street as authorities closed mosques to prevent the spread of coronavirus in Thailand s southern province of Narathiwat on May 13, 2021. (AFP) 5 / 19 Muslims attend Eid Al-Fitr prayer outside the Hagia Sophia Grand Mosque in Istanbul, on May 13, 2021. (AFP)

DiplomaticQuarter: Saudi-French ties deepen

RIYADH: French Ambassador to the Kingdom Ludovic Pouille on Wednesday met with the president of the Court of Appeals in Diwan Al-Mazalim, Obaid Al-Obaid. They discussed Saudi administrative justice reforms and future collaboration opportunities with France. “Honored to have welcomed Sheikh Obaid Al-Obaid, President of the Court of Appeals in Diwan Al-Mazalim, highest

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