Issue 30

Oil & Gas

• Korea Cuts Buying Of Gulf LNG Despite Price Collapse
• Another Summer Of Discontent For Iraq’s Basra Amid Power Shortages

Transportation

• In Search Of Iran’s Market Share

Refining & Petrochemicals

• UAE Links Fuel Prices To Global Markets From 1 August

Power & Water

• Lebanese Economy Needs Electric Shock Therapy – IMF
• Sadara Inks $3.8bn Power Deal
• Dubai Announces Financial Close For 200MW Solar Unit

OPEC

• Saudi Refining Runs And Product Exports Hit Record Levels

Geopolitical Risk

• Nuclear Deal Breathes New Life In To Iran-Pakistan Gas Pipeline Project

Corporate

• Services Firms Increase Gulf Dependence Amid Revenue Crunch
• Eni Egypt Gas Find

Economics & Finance

• Iran Kick-Starts Banking Sector Revolution

Op-Ed & Documents

• The Iran Nuclear Deal And Oil Markets

Selected Data

• China Crude Imports Hit Record In 2q15 (‘000 B/D)
• South Korean Crude Oil & Condensate Imports, ‘000 B/D: Saudi Volumes Top 1mn B/D In Q2
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Iraq*: Oil Burn Up, Gas Supply Stuck