Issue 16

Oil & Gas

• Kuwait’s Belated Jodi Stats Show Crude Exports Hitting 75% Of Output

Corporate

• Kuwait Upstream Chief Confident On 2020 Target – MEES Interview
• Post-Merger Mubadala: Lots Of Cash, But Does The Strategy Work?

OPEC

• Opec Members Unrestrained In Condensate Growth
• The USA’s Growing Role In Global LNG Trade - MEES Crunches The Numbers

Geopolitical Risk

• Suez Canal Shipments, Revenue Up But Trade War Threatens

Refining & Petrochemicals

• As Rabigh 2 Starts Up Last Units, Aramco Eyes Big New Petchems JVs
• Sabic Starts Up Petchems JVs

Power & Water

• Saudi Oil Exports Hit New Peak But Crude Burn Rises
• OMV Restarts Yemen Output
• Saudi February 2018 Official Oil Data (‘000 B/D): Products Exports Rise To Record 2mn B/D As Demand Falls To 5-Year Low

Economics & Finance

• Egypt Plans Further Cuts To Energy Subsidies
• Qatar Tops Saudi Bond

Selected Data

• Crude Official Selling Prices ($/B): Saudi Arabia Raises Key Arab Light To Asia Prices
• Benchmark Crude Prices ($/B)
• Egypt's 2017 Crude Exports

News In Brief

• Algeria: Touat Nears Start-Up