Issue 35

Oil & Gas

• KRG Project Delays Stunt Upstream Growth
• UAE’s Dana To Keep Egypt-Israel Border Block

Corporate

• Egypt-Focused Independents: Cash Tight, Spending Slashed, Output Slump
• New Aramco Unit Signals Increasing Downstream Focus
• Aramco Chinese Downstream JV On Hold

OPEC

• India 1h 2020 Crude Imports: A Tale Of Two Quarters
• China Crude Imports: Saudi Slips To Third Place For July Amid Record Us Volumes

Geopolitical Risk

• Libya: Symptoms Of A Failed State
• IAEA Inspectors Return To Iran Sites Amid US Threats

Refining & Petrochemicals

• Algeria’s Sonatrach Mulls Italy Refinery Sale

Power & Water

• Iraq Delays 100% Gas Capture Timeline To 2025
• Taqa Awards Fujairah Turbines Contract

Economics & Finance

• Egypt: IOC Receivables Edge Lower In 1H 2020
• Saudi Electricity Borrows $2.4bn

News In Brief

• Egypt SMEs: $1bn Boost
• Oman: Another Downgrade
• Qatar $1bn Fertilizers Deal
• Syria Gas Pipeline Blast
• Panoro Keeps 5kbd Tunisia Target
• Algeria Cuts Saharan Blend Premium ($/B Vs Dated Brent)

Op-Ed & Documents

• Dubai’s Coal Push Upends Abu Dhabi’s Clean Energy Strategy

Selected Data

• Japan LNG Imports: Qatar Continues To Be Squeezed Out, Volumes Down 8% Year On Year
• Benchmark Crude Prices ($/B)
• Egypt Hits Cherished Oil Self-Sufficiency Goal ‘Thanks’ To Covid-19