Issue 14

Oil & Gas

• Cyprus’ Aphrodite: Operator Chevron Mulls Cut-Price Tie-Back To Egypt Subsea
• Egypt Oil & Gas Output Both See February Slump

Corporate

• TotalEnergies Firms Up Iraq Megadeal With QatarEnergy Entry Confirmed
• QatarEnergy In Mauritania As Namibia Excitement Builds

OPEC

• India & China’s Russian Imports Soar To New Record Highs For February & March
• Opec Catches Market Off Guard With ‘Voluntary’ Cuts

Geopolitical Risk

• Baghdad & KRG Sign Landmark ‘Temporary Deal’ To Resume Exports

Refining & Petrochemicals

• Oman LNG Exports Soar To New Record Highs

Power & Water

• Israel Electric Posts $500mn Profit Following 660MW Plant Sale And Tamar Gas Deal

Economics & Finance

• Israel Sees Gas Export Revenues Surge 58% To Record $2.3bn for 2022
• Israel Eyes Gas Export Capacity Boost To Aid 2025 Output Expansion Plans

News In Brief

• Oman’s OQ8 Refinery: Trial Ops
• Iraq: IOC Frustration Builds
• Iraq’s Karbala Refinery Starts Commercial Operations
• Cyprus President: Gas Focus For Egypt Visit

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• US Strategic Crude Reserves Hit A New Low Of 371.2mn Barrels At End-March As Commercial Inventories Rebound