Issue 17

Oil & Gas

• Iraq Set For BGC Summer Gas Boost
• Iraq’s 1.5bn cfd Gas Processing Pipeline
• Iraq Settles Shell Majnoon Claim
• Iraq Settles Shell Majnoon Claim
• Libya’s Oil Revenues Hit By Soaring Products Import Bill
• Egypt’s Zohr: Eni Looks To Drill Its Way Out Of Water Woes
• Zohr 1p Reserves Rise On More Drilling

Corporate

• Australia’s Woodside Finally Enters East Med, Teaming Up With Chevron On Egypt Blocks
• Capricorn Doubles Down On Egypt

OPEC

• China & India Import New Record Russian Volumes

Geopolitical Risk

• Kurdistan’s IOCs Feel The Pinch From Export Pipeline Outage

Refining & Petrochemicals

• Middle East Replaces Displaced Russian Distillates In Europe
• Fujairah Bunker Market Eyes Sudan Violence Implications

Power & Water

• Kuwait Braces for Summer Peak Demand As Capacity Cushion Drops
• Egypt Solar Project Ties Up Financing

Economics & Finance

• Oman’s State Energy Firm Profits From Improved Credit Rating As Economy Picks Up

News In Brief

• Saudi Pre-Summer Solar Boost
• Opec Hits Back At IEA Criticism
• Iraq: Sinopec Back At Mansuriya?
• Iraq’s Gharaf: Gas Award
• Iranian-Iraq Gas Exports Up

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Asian LNG Prices Continue Their Fall From 2022’s Record Levels But Remain High By Historical Standards ($/Mn Btu)