Issue 46

Oil & Gas

• Adnoc Gas Strategy Surges Forward
• IOCs Step Up Abu Dhabi Exploration
• Bab Expansion Plans Grow
• Adnoc Assembles Powerhouse Group To Back Murban Futures
• Oman Offshore Ambitions Creep Forward
• Iran Digs Deep With Massive Heavy Oil Find
• Iraq: Lukoil Not Happy

Corporate

• Aramco Kicks Off Share Offering: But At What Price?
• Yemen: OMV Eyes Busy 2020

OPEC

• IEA Extends Opec’s Market Share Purgatory

Geopolitical Risk

• Iran Ups Geopolitical Stakes With Nuclear Advances
• Algeria: Oil Law Passes

Refining & Petrochemicals

• Aramco Set To Become Global Petchems Titan Post-Sabic Purchase

Power & Water

• SEC Switches Privatization Plan From Sell-Off To IPPs

Economics & Finance

• Libya: Crude Exports Up But Revenue Down
• Waha 150mn cfd Gas Output Boost

News In Brief

• Iraq: Ghadhban Continues Shakeup
• Korea LNG: Qatar Volumes Slump
• Adnoc Petcoke Supply Deal
• Oman Cancels PTA Project
• Masdar Wins Uzbek Solar Project
• Iran Plans $1.3bn Finance
• QP Guyana Finds: Heavy Oil Weighs On Optimism
• Algeria-To-Italy Gas: New Deals, Reduced Aspirations
• Egypt: More Gas, No Outlet

Selected Data

• Spain Crude Imports ('000 B/D): Libyan Volumes Up 24% Year On Year, Iran Collapse Knocks Gulf Market Share
• Benchmark Crude Prices ($/b)
• Germany Top Crude Suppliers ('000 B/D): Libya Volumes Up 18% Year On Year But Still Remains In Third Place Behind Top Suppliers Russia & Norway