Issue 31

Oil & Gas

• Algeria: In Amenas Gas Boost But Oil Set For Further Slide
• Egypt Puts New Acreage On Offer

Transportation

• Aussie LNG Boom Squeezes Qatar In Core Asian Markets Amid Lackluster Demand

Refining & Petrochemicals

• Egypt Hikes Petchems Capacity Amid Gas Feedstock Squeeze
• Downstream Privatization Plan

Power & Water

• Egypt Looks To Rally Renewables Investors, As Oil Products Imports Soar
• Algeria Brings Combined Capacity To 17.68GW Despite $10bn Funding Deficit
• Bahrain’s Alba Awards 1.8GW Power Plant

OPEC

• Opec Output Hits New Record In July As Prices Tumble

Geopolitical Risk

• Iraq Crude Revenues Head For 10-Year Low
• Islamic State Attack Threatens Further KRG Crude Export Slide

Corporate

• Iran Oil Contracts Move One Step Nearer
• Kuwait To Cut Subsidies

Economics & Finance

• Saudi Reserves Down Again But Deficit Narrows
• CBI Opens Forex Free Market To Commercial Banks
• IMF Approves Morocco PLL

Selected Data

• Japan 1H16 Lng Imports: Australia Cements Top Spot With Qatar The Big Loser
• Benchmark Crude Prices ($/B)
• Russian Oil Output: No Sign Yet Of A Slump With July’s 10.85mn B/D Just 50,000 B/D Below March’s Record 10.91mn B/D And Up 204,000 B/D On A Year Earlier