Issue 30

Oil & Gas

• Israel Bidding: Geopolitical Handicap Stymies Major Interest
• Kuwait-Saudi Talks Spark Renewed Speculation Over Neutral Zone Restart

Corporate

• Adnoc Asian Tour Advances International Agenda
• Qatar Boosts Eni, Total Links With Kenya Entry

OPEC

• Hormuz Escalation Spooks Major Asian Economies

Geopolitical Risk

• Gulf Tensions: Three Unpredictable Actors

Refining & Petrochemicals

• Hormuz Upheaval Spells Uncertainty For Fujairah Expansion Plans

Power & Water

• Libya: Sharara Instability Highlights Power Woes

Economics & Finance

• Oman Cuts Deficit, But Oil Dependence Remains
• Oman Plans 150,000 B/D Refinery At Salalah

News In Brief

• Libya: Sharara Returns
• Iraq Rehabilitates Is-Destroyed Baiji Refinery
• Oman Increases Power Subsidies
• Eni: New Egypt Output
• BP Backs United Egypt Deal
• East Med Gas Forum Launched
• Mauritania: Tullow Quitting
• Aramco Eyes Brazil Refineries
• Iran’s Bold Claim, Just Bluster?

Selected Data

• India Crude Imports ('000 B/D): Record 4.624mn B/D Imports But Increased Diversification Means Middle East Share Falls To 4-Year Low Of 60%
• Crude Official Selling Prices ($/B): Gulf Producers Cut Key Asia-Bound Crude Grades For August From 7-Year High In July
• Benchmark Crude Prices ($/B)
• India Crude Imports (Mn B/D): Mideast Share Falls To 57% In Q2, Lowest Since 3Q15, With Record Volumes Arriving From The US And Russia