Issue 24

Oil & Gas

• Zohr Production Cap Pushes Egypt Output Lower
• Libya Oil Blockades: Back With A Vengeance
• Oman LNG Bounces Back Following Maintenance Work

Corporate

• Qatar Kick-Starts LNG Partner Selection
• TotalEnergies First Again With Qatar LNG Expansion Deal

OPEC

• IEA Sees Global Crude Demand Soaring In 2023
• Iraq Slashes Crude Prices To Europe

Geopolitical Risk

• Sadrists Plunge Iraq Into Heightened Political Turmoil
• Iran Nuclear Talks Near Point Of No Return As Israel & UAE Deepen Defense Pact
• East Med Power Politics As US & EU Officials Fly In
• China: Subdued Oil Demand As Russia Imports Surge

Refining & Petrochemicals

• Morocco’s Samir Refinery: Is There A Case For A Restart?

Power & Water

• Iraq’s Basra: Power Meltdown As Temperatures Rise
• Aramco Outlines Blue Ammonia Plan

Economics & Finance

• Israel, UAE And Saudi Lead Mena FDI Inflows

News In Brief

• Oman New Energy Minister
• Iraq’s BOC Threatens Contractors In Kurdistan Dispute
• Strikes Hit Tunisia
• Tunisia: 2gw Solar Tender
• Algeria Extends 1GW Solar Tender, Again
• Morocco To Expand Coal Storage In 2022
• Korea Crude Imports: Russia’s Loss, Saudi Gain
• US Shale Oil Output Up 700,000 b/d Year-On-Year To Approach Late-2019 Record As New Drilling Catches Up With Completions

Selected Data

• Crude Official Selling Prices ($/B): Iraq Cuts Prices To Europe For July*
• Benchmark Crude Prices ($/B)
• Asian LNG Prices Steady As Korea Boosts Oman Volumes