Issue 16

Oil & Gas

• Eni Surges Ahead As Algeria’s Top Foreign Producer
• Sonatrach To Can Planned $3.7bn Refinery?
• Egypt’s Liquidity Crisis Sends IOC Receivables Bill Soaring Towards $3bn
• Panoro Boosts Tunisia Stake, Eyes 6,000 B/D

Corporate

• QatarEnergy’s Overseas Strategy Enters Pivotal Phase
• Oman Blocks 3&4 See Oil Output Fall To Eight-Year Low

OPEC

• South Korea Crude Imports: Saudi Dominant As Qatar Volumes Surge
• Taiwan Crude Imports: Us Surge Hits Mideast Share For Q1

Geopolitical Risk

• KRG Finance Crunch As Export Halt Continues

Refining & Petrochemicals

• Iran’s New 250mn cfd NGLs Plant Aims To End West Karun Flaring But Challenges Linger
• Iraq’s New Karbala Refinery Set To Lighten Summer Fuel Import Bill

Power & Water

• Is Egypt’s LNG Export Bull Run About To End?

Economics & Finance

• Saudi Government Transfers 4% Stake In Aramco To PIF Subsidiary

News In Brief

• Kuwait: Jurassic Drilling
• Kuwait Adds Second Offshore Rig
• Kuwait Politics Déjà Vu: Emir Dissolves Parliament, Calls For New Elections
• Slow-Going For Morocco Solar Expansion As State Power Firm Onee Taps Ebrd For €200mn
• UAE’s Taqa: $1bn ‘Green Bond’
• Chevron Plans More Eastmed Drilling

Selected Data

• Saudi Arabia February 2023 Key Oil Data: Oil Burn Starts The Year At Record Levels
• Crude Official Selling Prices ($/B)
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• Global Offshore Rigcount Hits 3-Year High 246 For March