Issue 47

Oil & Gas

• Iran Boosts South Pars Gas Capacity Ahead Of Winter Demand Peak
• Mauritania’s Tortue: Phase-2 FID Delayed, Will Scope Be Expanded?

Corporate

• Middle East Firms Ramp Up Drilling Fleets
• China Shows Long Term Qatar LNG Commitment With 27-year, 4mn t/y Megadeal

OPEC

• China Oil Trade Surges Despite Weak Demand, But Can It Absorb Increased Russia Volumes?
• China LNG Buying To Stay Subdued As Qatar Ups Market Share

Geopolitical Risk

• Qatar’s Neighborly Exports Jump As Regional Leaders Reconcile
• Qatar’s European Revenues Soar To New Heights
• Turkey-Syria LPG Shipments & The Lebanon Link

Refining & Petrochemicals

• Iraq’s Refinery Output Hits A New Record As Baghdad Plans Further Gains
• Saudi To Study Oil To Chemicals At Ras al-Khair

Power & Water

• Israel Posts New Gas Output & Consumption Records
• Eni Drills ‘Huge’ Egypt Gas Prospect

Economics & Finance

• Kuwait Sees Eighth Consecutive Deficit Despite Oil Revenue Surge
• Saudi 2022 Oil Export Revenues Top $250bn With Three Months To Go

News In Brief

• Total’s Pouyanné Meets New Iraqi Pm
• Iraq Oil Boost As Cnooc Hikes Missan Capacity
• Bp Plans Four Egypt Offshore Wells
• Kuwait’s Al Zour: First Exports
• Houthis Attack Tanker At Yemen’s Ash Shihr Terminal
• Brazil: Record Crude Output

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)