Issue 28

Oil & Gas

• Offshore Declines Prevent Qatar From Capitalizing On Opec Exit
• QP’s $82.5bn Capex Plan
• Egypt Gas Output Slumps On Zohr Outages

Corporate

• Shamaran Expands Kurdistan Presence With Transformative Sarsang Entry

OPEC

• Opec+ Edging Towards Compromise Agreement?
• US Output Gains To Pick Up Pace?
• China Sees 1h Crude Imports Dip Amid Stock Draw
• China & Developing Asia To Drive Global Gas Demand Growth - IEA

Geopolitical Risk

• Iraqi Parliament Seeks To Block NOC Appointments
• UAE Opens Israel Embassy

Refining & Petrochemicals

• Iraq Hopes To Finally Develop New Refineries
• Abu Dhabi & Japan Advance Blue Ammonia Plans

Power & Water

• Kuwait’s New LNG Import Terminal Receives Test Cargo As Electricity Demand Surges

Economics & Finance

• Korea Crude Imports 1H 2021: Mideast & Opec Share At Record Low
• Korea LNG Imports: Qatar Extends Lead In 1h 2021

News In Brief

• Iraq Touts 7gw Solar Agreements: Hot Air Or Progress?
• 2022 Leviathan Drilling
• Egypt’s $7.5bn Suez Petchems Hub: Bechtel, Axens Deals
• Egypt’s Foreign Reserves Rise $520mn In 1h 2021 Vs 2020’s 3-Year Low ($Bn, End-Period)
• Brooge Advances 25,000 B/D Fujairah Refinery

Selected Data

• Crude Official Selling Prices ($/B): Iraq, Iran Follow Saudi August Prices
• Benchmark Crude Prices ($/B)
• US Oil Exports At Highest Since March 2020