Issue 17

Oil & Gas

• Cyprus: Aphrodite First Gas Slated For 2025

Corporate

• Algeria: Sonatrach Boss Falls Victim To Politics
• Abu Dhabi’s Taqa: Upstream Down Despite Price Recovery, Power Steady

Refining & Petrochemicals

• Aramco Buys Shell’s Sasref Stake In Push To Increase Downstream Control

OPEC

• China 1Q19 Crude Imports ('000 B/D): Saudi Overtakes Russia As Top Supplier With Record 1.544mn B/D

Geopolitical Risk

• US Ends Exemptions On Imports Of Iranian Oil
• Total Sells Last ‘Production Asset’ In Yemen

Power & Water

• Iraq: Will The Stars Align To Overcome Powergen Woes?

Economics & Finance

• Iran’s Economy Sunk By US Sanctions
• Sudan Secures Gulf Aid
• Lebanon Seeks IMF Assistance As Default Looms

News In Brief

• China Imports Record Saudi Crude
• Israel’s Delek Expanding
• Egypt: Sisi Wins Again
• Syria To Lease Tartous Port To Russia
• Libya: Haftar’s LNA Pushed Back
• KRG: Shewashan Production Suspended
• Qatar Presses Ahead With LNG Tanker Fleet Expansion
• Kuwait Awards Petchems Contract
• Saudi CMA Okays Petchems Shares Swap

Selected Data

• India Crude Imports ('000 B/D): Saudi Volumes Hit Q1 Record, Iran Slips To 3-Year Low
• Japan Crude Oil & Condensate Imports ('000 B/D): Opec Share Falls To Multi-Year Low 78.5% In Q1 Despite Bumper Saudi Volumes
• Japan 1Q19 LNG Imports: Qatar Volumes Increase 8% Q-On-Q But Down 8% Y-On-Y
• Benchmark Crude Prices ($/B)
• China Crude Imports ('000 B/D, Top Seven Suppliers): Saudi Overtakes Russia For Top Spot In Q1 As Iraq Loses Third Place To Angola