Issue 29

Oil & Gas

• Saudi Oil Burn Flattens In May Despite Rising Temperatures
• Algeria: Record Gas Output

Corporate

• Oman Unveils 2021 Upstream Bid Round

OPEC

• Opec+ Secures Consensus On Easing And Extending Output Cuts
• China 1h LNG Imports: Qatar Slips To Third Amid Overall Record Imports
• China Crude Imports: Saudi Top For 1h 2021

Geopolitical Risk

• Morocco’s Disputes With Algeria & Spain Heat Up As Pipeline Deadline Looms
• Iran Starts Up New Terminal On The Gulf Of Oman

Refining & Petrochemicals

• Uniper Joins Oman Green Ammonia Project

Power & Water

• Israeli Utility IEC Bags Price Cut For Tamar Gas

Economics & Finance

• Are Lebanon’s Politicians Capable Of Saving The Economy?

News In Brief

• Abu Dhabi Crown Prince Visits Counterpart In Saudi Arabia
• Egypt: Bumper Transport Fuel Output
• Algeria Oil Project Sees Output Slump
• Saudi Arabia Caps Gasoline Prices Amid Rising Inflation

Selected Data

• China Crude Imports (‘000 B/D): Saudi Retains Top Supplier Spot For 1h 2021 Despite 2% Year On Year Fall
• Benchmark Crude Prices ($/B)
• Benchmark Crude Prices ($/B)
• Asian LNG Prices Soar On The Back Of Record Buying