Issue 31

Oil & Gas

• KRG Gets Vote Of Confidence From Key Upstream Players
• Iraq Crude Exports Edge Up In July
• QP Expands Overseas
• Eni & Total Strengthen Cyprus Ties
• Now Or Never For Leviathan As Partners Re-Float LNG Plans
• Israel Awards 12 Blocks

Corporate

• Déjà Vu: Sharara Out Again As Libya Fighting Spreads
• Total Sees Algeria Revenue Fueling Mozambique LNG Plans

OPEC

• China Takes Record Saudi Crude As Iran Volumes Fall To 9-Year Low
• China Crude Imports ('000 B/D): Saudi & Russia Continue Tussle For Top Spot, Supply Record Volumes In 1h19

Geopolitical Risk

• Tunisia At The Crossroads
• Yemen Taps China, Austria

Power & Water

• Oman Cuts Power Growth Forecast, Eyes Lower Gas Burn

Refining & Petrochemicals

• Kuwait In IMO 2020-Inspired Al Zour Rethink

Economics & Finance

• Iran Slashes Budget Revenue, Oil Export Expectations
• Iran To Ax Four Zeroes From Rial

News In Brief

• Aramco/Sumitomo Test Rabigh-2
• Aramco: First Ever Earnings Call
• EdF/Masdar Finance Saudi Wind
• Japan Cuts Saudi Crude
• Adnoc Completes Eni/Omv Deal
• Eni Starts Up Libya Gas Project
• Algeria: Falling Output At Key BP/Equinor-Operated Wet Gas Projects
• Dana Gas Plans Egypt Exit After Drilling Flop
• Sabic, Clariant Defer Specialty Chemicals Merger

Selected Data

• Crude Official Selling Prices ($/B): Gulf Producers Cut Key Asian Prices For August
• Japan Crude & Condensate Imports (‘000 B/D): Saudi Volumes Fall To 4-Year Low For 1h19; Opec Share At Multi-Year Low
• Thailand Crude Imports ('000 B/D): Middle East Share Remains In The Low 60s As Bangkok Diversifies Supplies
• Benchmark Crude Prices ($/B)
• Imports Of Iranian Crude And Condensate Fall To Record Low Of 240,000 B/D For June With China And Turkey The Only Remaining Buyers* ('000 B/D)