Issue 34

Oil & Gas

• Egypt Touts $33bn Gas Investment, But Receivables Worry Remains

Transportation

• Taiwan LNG Imports: Qatar Share Falls To 41% In Q2 As Russia Volumes Soar

Refining & Petrochemicals

• Aramco Seeks To Cut Indonesia Refinery Stake
• Dubai 50% Splitter Boost

Power & Water

• Dubai Plans Gas-Fired Expansion As UAE Pursues Powergen Diversity
• Egypt Sticks With Unpopular Renewables Terms

OPEC

• Oil Market Bulls & Bears In Pre-Algiers Stand-Off
• US Data: Reading The Runes

Geopolitical Risk

• Syria’s Iranian Crude Imports Dwindle, But Data Suggests It’s Finding Other Sources
• Libya: Unity Government In Limbo After No Confidence Vote

Corporate

• Libya: Zueitina Crude Shipment Threatens To Be False Dawn

Economics & Finance

• Egypt Secures Saudi-UAE Cash For IMF Facility
• Iran: Bankers Warn Against Interest Rate Rise
• Iraq Cuts 2017 Project Spending
• Oman Oil & Gas Monthly Export Revenues Fall To 12-Year Low Of $680mn In June, Down Over 70% From Mid-2014 Levels* ($Mn, Net)

Selected Data

• US Key Oil Data (‘000 B/D): Records Tumble As US Posts May Highs For NGL Production, Oil Exports
• Crude Official Selling Prices ($/B)
• Saudi Aramco Contract Prices For LPG Exports ($/T)
• Benchmark Crude Prices ($/B)
• South Korea Imported Over 250,000 B/D Of Crude From Iran For The Third Straight Month In July As The Mideast Share Of Its Import Slate Hit A Record 92% So Much For Diversification Efforts