Issue 31

Oil & Gas

• Zohr Almost There As Egypt Plots Further Gas Gains
• Red Sea Exploration Planned As Saudi Relations Warm
• Libya: Cautious Optimism With Output At 3-Year High
• Genel Makes Profit in H1 2017, Clock Is Ticking On KRG Gas Plans
• Oryx Experiences More Hawler Delays

Transportation

• Iraq Eats Into Saudi Share Of Key Crude Markets; Stage Set For Tense Opec Meet
• Brazil Crude Output Has Been Running At Near Record Levels In Recent Months 1H17 Exports Are Up 350,000 B/D On Year Ago Levels Exports Jumped To 1.45mn B/D In June (Mn B/D)

Refining & Petrochemicals

• Kuwait Delivering First Crude Cargo To Vietnam Refinery, Eyes Global Expansion

Power & Water

• Benban Solar Plan: Egypt PV Gets $635mn World Bank Cash

OPEC

• Opec Seeks To Bolster Flagging Cohesion
• US Drilling: Schlumberger Chief Calls For Caution - Has He Got His Wish?

Geopolitical Risk

• Qatar Oil & Gas Revenues Fall To Eight Month Low
• Oman Taps China For $3.6bn Amid Ratings Downgrade

Corporate

• Gulf NOCs Target IPOs, Other Routes To Foreign Funding

Economics & Finance

• IMF Greenlights Iraq Cash, Calls For More Reform
• Lebanon To Hike Taxes

Selected Data

• Crude Official Selling Prices ($/B)
• Japan Q2 Crude Oil & Condensate Imports : Volumes Down, Mideast Down More ('000 B/D)
• Japan LNG Imports 1H17: Australia The Big Winner As Qatar Volumes Fall By 4%
• Benchmark Crude Prices ($/B)
• 2016 Global Energy Investment: Electricity Powers Ahead