Issue 38

Oil & Gas

• Oman’s Yibal Khuff: Key Gas Project Starts Up
• Qatar To Announce LNG Partners In 1Q 2022
• Barzan Gas Hits Its Straps
• Kuwait Starts Up Key Northern Oil Facility
• Baker Hughes Finalizes Iraq Gas Contract

Corporate

• Shell $9.5bn Conoco Permian Sale, Completes Egypt Sell-Off
• Gazprom Neft UAE Entry

OPEC

• GCC Gas Exporters Call For More Investment, Less Emotion
• Pearl Petroleum Secures Khor Mor Funding

Geopolitical Risk

• Egypt-Lebanon Gas Deal: A Big Win For Syria’s Assad
• Lebanon Hikes Fuel Prices

Power & Water

• Algeria Plans Huge Desalination Expansion
• Algeria’s Gas Burn Surges Amid Record Power Demand

Refining & Petrochemicals

• Egypt’s ERC: Hopes Of A Return To Profit Go Up In Smoke

Economics & Finance

• China Crude Imports: Saudi Top But Demand Still Weak
• LNG: Asian Imports Robust As Prices Soar

News In Brief

• Saudi Oil Export Revenues Near Three Year Highs
• Adnoc Drilling Offer Revised Up
• Algeria’s Bouteflika Dies
• Libya’s Zueitina Restarts Zella Field
• Libya’s NOC Opens London Branch
• Egypt: GPC Output Record

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• US Gas* Output: ‘Shale Gas’ At Record 75.5bn cfd For August, But US Total 4bn cfd Below 2019 Record