Issue 41

Oil & Gas

• Iraq Picks Up The Pace On Exploration; Can It Snag Chevron?
• Egypt Oil Output Plumbs New 40-Year Low For August
• Algeria’s Sonatrach Greenlights Key Gas Project
• Mubadala’s Cepsa Sees Output Rebound

Corporate

• Sonatrach Breaks Ground On Turkey Petchems
• Israel’s Ratio In ‘Morocco’ Upstream Deal

OPEC

• World Faces Oil & Gas Investment Chasm
• South Korea Crude Imports: Mideast Share At Record Low
• Taiwan Crude Imports: Volumes Edge Up But Mideast & Opec Share Squeezed
• Korea LNG Imports: Qatar Regains Market Share As Overall Volumes Soar
• Taiwan LNG Imports: Qatar Usurped By Australia For Top Spot

Geopolitical Risk

• Iraq Braces For Government Formation: Sadr Wins Most Seats, Maliki Close Behind

Refining & Petrochemicals

• Egypt Road Fuels: Stability Prioritized Over Market Pricing Mechanism

Power & Water

• Egypt: Record Power Generation As Gas Output Rebounds

Economics & Finance

• Algeria’s Economic Rebound: Can It Seize The Moment?

News In Brief

• Egypt: Green Hydrogen Plan
• Lebanon: Darkness & Chaos
• Iran Hikes Enrichment
• Egypt Forex Reserves Edge Up
• China: Bumper Gas, LNG Imports…

Selected Data

• Crude Official Selling Prices ($/B): Iraq Sets Nov Prices In Line With Saudi
• Benchmark Crude Prices ($/B)
• IMF Downgrades 2021 Growth Forecasts*