Issue 26

Oil & Gas

• Delek Looks To Raise $1.2bn With Tamar Sell-Off
• Energean Files Karish Development Plan; Bidding Delayed, Again
• Morocco Looks To Cut Reliance On Algerian Gas

Transportation

• Iran Expands Crude Export Infrastructure

Refining & Petrochemicals

• Mubadala Revives Fujairah Refinery In Bunker Busting Plans

Power & Water

• Oman Postpones Misfah With Slowing Demand Growth

OPEC

• Gulf Crude Shipments Fall In Q2, But From Record Levels
• The World’s Top Oil* Producer (Mn B/D) : Having Been Neck & Neck With Saudi In 2016 The Us Has Since Pulled Ahead (Mn B/D)

Geopolitical Risk

• Qatar’s Hydrocarbon Politics Sends Message to Saudi Arabia, UAE

Corporate

• KRG’s 30k b/d Atrush Start Up Just Days Away
• Tunisia’s STEG Awards 450MW Gas-Fired Plant

Economics & Finance

• Kuwait Trade Surplus Falls In Q1
• Cairo Fuel Price Hike
• Algeria: Deficit Down As IMF Warns On Over-Zealous Consolidation Plans

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi Aramco Contract Prices For LPGExports ($/T)
• Benchmark Crude Prices ($/B)
• US Oil Output Looks To Have Topped 2015’s Previous Record, Set To Break 15mn B/D In 2018 (Mn B/D)