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Issue 48

Oil & Gas

  • QP Announces Aggressive Upscaling Of LNG Expansion Project
  • Qatar Expansion To See Condensate Output Top 1mn b/d
  • Kuwait Oil Exports: China Dominant, While Vietnam Rises

Corporate

  • Saudi Arabia Seeks IPO Funding
  • Japan’s JGC Still Optimistic On Algeria Despite Delays
  • Algeria Touat: Slow Ramp Up

OPEC

  • Opec Looks For Outside Help Ahead Of Vienna Talks
  • China Takes Record Saudi Crude, Iran At Record Low
  • India: Venezuela’s Last Crude Customer

Geopolitical Risk

  • Baghdad And KRG Sign Preliminary Oil Sharing, Budget Deal
  • Libya: War Grinds On, Peace Prospects Slim
  • Fighting Rocks Key Libyan Oil Field

Refining & Petrochemicals

  • Sabic Handicapped By Saudi Ethane Shortages

Power & Water

  • Abu Dhabi Goes Big On PV As ‘Nonconventional’ CSP Output Slides
  • Dewa Lines Up ACWA For MBR Solar Phase 5

Economics & Finance

  • Oman Set For Lowest Deficit Since 2014, But Investment Lacking

News In Brief

  • Saudi Connects Sakaka PV To Grid
  • Saudi Oil Export Earnings At Two Year Low
  • Algeria’s Upper House Passes Oil Law, 2020 Budget
  • Egypt’s EETC Bags $200mn EBRD Loan…
  • …While Egypt’s SOPC Gets $50mn
  • UAE Eyes Early 2020 Nuclear Start-Up
  • Saudi Net Foreign Assets Slump Below $500bn In Wake Of Abqaiq Attack, Biggest Monthly Fall Since Jan 2017

Selected Data

  • Crude Official Selling Prices ($/B)
  • Saudi LPG Official Contract Prices ($/T)
  • Benchmark Crude Prices ($/B)
  • US Crude Output Set To Rise To Record 12.84mn B/D For November As *Oil Rig Count Falls To 32-Month Low 668
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