Issue 30

Oil & Gas

• CNPC Hot Favorite In Abu Dhabi Opening As Adnoc Eyes Chinese Downstream
• Oman Deficit Halved As Export Revenues Soar

Corporate

• Upstream Capex Edges Up But Recovery Remains US-Focused
• Shell Enters Mauritania

OPEC

• LNG Start-Ups To Peak, Then Slump

Geopolitical Risk

• Iraq Water Crisis Highlights Baghdad’s Impotence
• Libya Election Timetable To Slip Further Amid Factional Divisions
• Gulf Choke Points Brought Into Focus As Iran, US & Saudi Ramp Up The Rhetoric
• Suez Canal Revenues, Crude Trade At Record Highs: Calm Before The Storm?

Refining & Petrochemicals

• Suez Canal Data: 1H18 Sees Record Oil Trade, Revenue, Container And Overall Traffic

Power & Water

• Egypt Completes 14.4GW Gas-Fired Megaproject In Record Time

Economics & Finance

• Iran Appoints New Central Bank Chief: Mission Impossible?

Selected Data

• Thailand Crude Imports (‘000 B/D): UAE Volumes Up To 3-Year High In First Half 2018
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Mideast* Crude Market Share In The Four Key East Asian Markets