Issue 27

Oil & Gas

• Kuwait Banks On Burgan Boost To Hit 3.2mn B/D
• Libya Eyes Adnoc Cash
• Oman Gas Reserves Upped 7% To 24tcf

Corporate

• Israel’s Leviathan: FID For 1.4bn Cfd Expansion, But FLNG Plans Stall
• Israel Greenlights Subsea Power Cable
• Opec Output: 19-Month Low For June, Set To Fall Further With 1mn B/D Extra Saudi Cuts

OPEC

• Saudi Arabia Extends Cuts, Hikes Prices

Geopolitical Risk

• Iraq’s Oil Export Revenues Sink In 1H23

Refining & Petrochemicals

• Questions Over Australia’s LNG Future Open Opportunity For Qatar

Power & Water

• Adnoc Awards Key Contracts For Handling Increased Gas Output

Economics & Finance

• Algeria Struggles To Hike Gas Exports
• Russia Crude Exports: China & India Maintain 2mn B/D-Plus Near-Record Levels

News In Brief

• Algeria: New Desalination Capacity
• Dorra Plans Reignite Kuwait-Iran Border Dispute
• Egypt Looks South For 5gw Wind
• Oman Powergen Record As Solar Surges

Selected Data

• Crude Official Selling Prices ($/B): Saudi Hikes Most Prices For August
• Benchmark Crude Prices ($/B)
• World’s Top LNG Exporter (Mn T/Y): Us Top For 1h 2023, But Only Slender Lead Over Qatar & Australia