Issue 46

Oil & Gas

• Adnoc Eyes Unconventional Route To Gas Independence
• ADNOC Bidding: Seconds Out, Round 2?
• Egypt Gas: More Discoveries Needed To Meet Ambitious Output Target

Corporate

• Oman To Offer Blocks In 2019 Bid Round

OPEC

• Market Volatility Complicates Outlook As Opec Ponders Renewed Cuts
• IEA Doubts US Shale Can ‘Single Handedly’ Meet Demand Growth

Refining & Petrochemicals

• IEA Report Offers Succour To Gulf Refiners’ Petchems-Focused Strategies

Power & Water

• Morocco Pushing Renewables, Eyes LNG Imports In Bid For Cleaner Power

Geopolitical Risk

• Iran’s Oil Export Prognosis: Is The Market Too Blasé?

News In Brief

• Iraq To Resume Kirkuk Exports
• KRG: Oryx Turns The Corner?
• Adnoc: Crude imports for RUWAIS
• Bahrain Wants Eni Assistance
• Aramco Seeks $5bn Finance
• Jordan Starts Tafila Wind
• Cyprus: Exxon Drillship In Place

Economics & Finance

• Tunisia Struggles To Cash In On Democracy

Selected Data

• Taiwan Q3 Crude Imports (‘000 B/D): Iran Volumes At Six-And-A-Half Year High Ahead Of Sanctions, UAE Dips After Record 1H18
• Taiwan’s Top Lng Suppliers (Mn T): Top Supplier Qatar’s Volumes Rebound From 7-Year Low In Q3, Russia Moves Into 2nd Place, Australia & Malaysia Neck And Neck For 3rd Spot
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Suez Canal Sees Record 2.73mn B/D Southbound Oil Shipments In October (Mn B/D): Us-To-Asia Crude Shipments Have Soared Whilst Gulf Countries Are Absorbing Surplus European Fuel Oil