Issue 07

Oil & Gas

• Kurdistan’s Baeshiqa Field Set For Q2 Startup
• Risk Catches Up With TotalEnergies Iraq Megadeal

Corporate

• Adnoc Drilling Eyes Year Of Growth Ahead

OPEC

• IEA Finds Missing Barrels: They’ve Been Used

Geopolitical Risk

• Iraq’s Supreme Court Rules Against KRG Oil Independence

Refining & Petrochemicals

• Aramco Signs Up To Supply Planned Ain Sukhna Refinery

Power & Water

• Upstream Gains Drive Taqa Revenue Boost
• Dubai’s Hassyan On Gas
• Tunisia Draws Record Power From Algeria In 2021

Economics & Finance

• Saudi Arabia Bolsters PIF With $80bn Aramco Transfer

News In Brief

• Adnoc Makes $1.94bn Drilling Awards
• Borouge Partners Consider IPO
• Libya Gas Exports To Italy Restart
• Sonatrach Updates Niger PSC
• Sonatrach Awards Sinopec $178mn LNG Tank EPC
• Tunisia: $400mn Loan From World Bank
• DRAGON MAKES EGYPT GULF OF SUEZ DISCOVERY

Selected Data

• Spain 2021 Crude Imports: Mideast Share Falls To Multi-Decade Low, Again
• Spain 2021 Gas Imports: Algeria Makes Gains, But Its Marketshare Is Set To Fall After Key Pipeline Closure
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Saudi Arabia GDP Rose By 3.3% For 2021