Issue 36

Oil & Gas

• DNO Injects Fresh Momentum Into KRG Oil Sector With Acquisition
• Rosneft At Vanguard Of Russian Firms’ Mena Advances

Transportation

• Indian Crude Imports ('000 B/D): Saudi Continues To Lose Market Share To Top Supplier Iraq

Refining & Petrochemicals

• Egypt Fuel Oil Upgrading Plans Struggle To Keep Up With Demand

Power & Water

• Iraq Sparking Up Gas-Fired Capacity, Despite Fuel Supply Constraints

OPEC

• Libyan Output Fall Grants Opec Temporary Relief

Geopolitical Risk

• Qatar’s Economy Proves Resilient As Embargo Enters Fourth Month

Corporate

• Kufpec Splashes The Cash in Norway But 2020 Target Remains Distant

Economics & Finance

• Iraq Budget Amendments Push Projected Deficit Back Above $20bn

Selected Data

• Crude Official Selling Prices ($/B): Saudi Hikes Extra Light By 80¢/B
• Benchmark Crude Prices ($/B)
• Harvey Knocks 750,000 B/D Off US Output