Issue 14

Oil & Gas

• North Africa Gas Exports To Europe Fall Amid Russian Uncertainty
• Leviathan To Turkey Pipeline Talk Resurfaces
• Mounting Debt Obligations Take Shine Off Of KRG Oil Revenue Boost

Corporate

• Murban Futures One Year On: More Momentum Needed
• Petro Rabigh Signs Up To CCUS
• Algeria Bid Round ‘Soon’

OPEC

• Opec Output Gap Nears 1mn B/D

Geopolitical Risk

• Baghdad Sends Fresh Oil Sector Demands to Erbil

Refining & Petrochemicals

• Egypt Green Hydrogen & Ammonia Opportunities Attract Major Players

Power & Water

• Qatar’s Al Kharsaah Solar PV Plant Poised For Startup
• Kuwait Loan Boosts GCCIA-Iraq Link Plans

Economics & Finance

• Iraq’s Record Oil Revenues Pose As Many Questions As Answers

News In Brief

• IEA Outlines 120mn Barrel Emergency Stock Release
• Lebanon Agrees $3bn IMF Deal
• Neom Hydrogen Project Advances
• KPC IN $1bn MoU with Japan’s NEXI
• Kuwait Cabinet Resigns, Again
• Iran Starts Gas Storage Expansion
• Iran Expects 15GW Summer Deficit
• TGS READIES more RED SEA SEISMIC

Selected Data

• Crude Official Selling Prices ($/B): Saudi Hikes May Prices To New Highs*
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)