Issue 35

Oil & Gas

• KRG Gets Creative In Bid To Boost Investor Confidence

Transportation

• Turkey Crude Imports ('000 B/D): Iran More Than Doubles Supplies In 1H17; Russia Biggest Loser
• Turkey 1H17 Gas Imports (Bcm): Iran On Track To Top Record 2014 Supplies But Still Less Than 1/3 Russian Volumes

Refining & Petrochemicals

• Israel Products Output Down 17% Amid Maintenance, Strike

Power & Water

• Saudi Invites Proposals For 400MW Wind Power Project

OPEC

• China Crude Imports Grow At Record Rate: Can It Last?
• Storm Before The Storm: US Saudi Imports Plumb 29-Year Low

Geopolitical Risk

• Iraq Hopes For IPSA Pipeline Access With Riyadh Rapprochement
• Lukoil’s West Qurna-II Output Holds Steady

Corporate

• Aramco Scraps Sadara IPO As Dow Bags Extra 15%
• Enoc Awards Final Dubai Splitter Contract

Economics & Finance

• Iran Eyes $30bn EU Credit After $13bn Korea Deals
• Saudi-China $20bn Fund

Selected Data

• Benchmark Crude Prices ($/B)
• US Shale*: Drilled But Uncompleted Wells Top 7,000 For The First Time, Completions Have Lagged Spuddings By Over 200 In Recent Months