Issue 33

Oil & Gas

• Egypt Gas Exploration Focus Shifts East As Output Record Nears
• Gulf Of Suez Output Falls To 40 Year-Low

Corporate

• DNO Chief: ‘Kurdistan Is Back, And So Is DNO’

OPEC

• Opec: More Crude Needed, Now

Geopolitical Risk

• Libya’s Financial Black Hole
• Libya Power Expansion Going Nowhere, Blackouts Continue

Refining & Petrochemicals

• Aramco Board Sanctions $14bn Of Downstream Integration

Power & Water

• Aramco Advances Jazan Plans With $8bn Gas-To-Power Deal

Economics & Finance

• Oman: Oil Prices Bolster Economy, For Now
• Oman Hits Record Gas Output In July
• Qatar: $15bn For Turkey

News In Brief

• Korea: Iran Vols Steady, For Now
• Caspian Five Sign Historic Deal
• Iraq: Majnoon Expansion Deal
• Tesla Eyes Saudi Cash
• Khamenei Slams Corruption
• Egypt Commissions Gasoline Plant
• Iraq Awards Power Upgrades
• Iraq Ambiguous On Sanctions
• Israel-Hamas Deal Enters Effect
• Aramco Invests In UK Drill Firm

Selected Data

• Us Oil Exports In The Light Of Looming Chinese Import Tariffs
• India 1H18 Crude Imports (‘000 B/D): Record Volumes From Iran, Iraq, Oman & Middle East
• Spain 2Q18 Crude Imports (‘000 B/D): Highest Volumes, Share From Middle East Since Q4 2011; Iran June Volumes Highest Since 2011
• Benchmark Crude Prices ($/B)
• South Korea’s Key LNG Suppliers