Issue 38

Oil & Gas

• Technical Service Contract Woes Continue To Haunt Iraq
• Algeria Oil Output At 14-Year Low, Gas Exports Slump
• US Growth Revised Down As Rig Count Falls

Transportation

• Egypt Outlines Suez Downstream Plan, Canal Expansion Begins To Pay Off

Refining & Petrochemicals

• What Embargo? Qatar Products Exports Hit Two-Year High

Power & Water

• Dubai Breaks Solar Capacity, Power Pricing Records With CSP Project
• Libya’s Blackouts Continue, Power Needs Fail To Trump Instability
• Jordan EBRD Solar Loan

OPEC

• Saudi Crude Exports At 3-Year Low: Oil Burn Peaks Amid Opec Curbs

Corporate

• Rosneft Plans Key Gas Pipeline To Unlock Kurdish Exports to Turkey
• KRG Receives Chevron Boost

Geopolitical Risk

• Iraqi Kurdistan Prepares For Historic Vote

Economics & Finance

• Iran Signs For $10bn Chinese Credit, Eyes A Further $25bn
• Bahrain Taps Debt Market For Record $3bn
• Oman Oil $1bn Loan

Selected Data

• US Key Oil Data ('000 B/D): Output Up Almost 800,000 B/D Year-On-Year But August Down On Hurricane Harvey
• Crude Official Selling Prices ($/B):): Iran Cuts Heavy Crude OSP To Record 44¢/B Discount To Saudi Arab Medium
• Benchmark Crude Prices ($/B)
• US Shale Oil Output (Mn B/D): Set To Break 2015’s Record This Month, Though The Latest Figures For 2017 Have Been Revised Down