Issue 36

Oil & Gas

• Egypt: Key Shell Offshore Gas Project Faces Uncertainty
• Egypt Oil Targets Recede Into Distance
• Dana Edges Towards Egypt Asset Sale
• Iraq Looks To Advance Petchems Plans; Will Shell Sign Up?
• Japan Sinks In Importance For Key Mideast Crude Suppliers
• Qatar Petroleum Expands In Africa

OPEC

• US Crude Output: The Only Way Is Up?
• Iraq Begins Opec+ Compensation
• Libya Exports More Crude

Geopolitical Risk

• Will Lebanon’s Latest Political Shakeup Make Any Difference?
• Lebanon’s Fuel Oil Scandal

Refining & Petrochemicals

• Israel Sees Record Crude Stockbuild
• Bazan Expansion Scuppered As Petchems Output Slips

Power & Water

• UAE Power Record Puts Pressure On Gas Supply
• UAE Busts August Crude Quota As Gas Demand Peaks

Economics & Finance

• Adnoc Bags $2.7bn From Real Estate Deal
• EBRD Ups Egypt Renewables Funding For Kom Ombo Solar
• Acwa Bags Dubai PV Funding…

News In Brief

• Aramco Project Doubts Grow
• KRG: Shaikan Expansion Still Not Stirring
• Eni Drilling Offshore Egypt…
• …Following Bp Flop

Selected Data

• Turkey Imports Record Iraq, Saudi Crude In Q2 As Russia Sidelined
• Crude Official Selling Prices ($/B)
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• Covid-19 Whacks Suez Canal Trade Volumes, Revenue