Issue 05

Oil & Gas

• Aramco Drops Expansion Capacity Plans In Major Investment Pivot

Corporate

• QatarEnergy Signs Long-Term LNG Deal With Price-Sensitive Bangladesh
• Egypt’s Upstream Independents Feel The Pinch Of Local Dollar Shortages

OPEC

• Asian LNG Imports Edge Higher For 2023 As Market Looks Finely Balanced For 2024

Geopolitical Risk

• Deadly Militia Attack On US Outpost In Jordan Underlines Iraqi Government’s Weakness

Refining & Petrochemicals

• Saudi Arabia’s Luberef Secures Samref VGO

Power & Water

• Dubai Solar Nears 3GW As Awards Lay Path To 5GW
• Scatec Slashes Tunisia Solar Plans

Economics & Finance

• Egypt Pegs Hopes On Imminent IMF Bailout; Will It Be Enough?
• Qatar Trade Revenues Fall From 2022 High

News In Brief

• Kurdistan IOCs Ask Us For Help
• Khor Mor Gas Field Restart
• Eni-Neptune Deal Completes
• Israel-Cyprus Energy Ministers Talk Power & Gas
• Opec+ Jmmc Meets
• US: New Output Record
• Sudan Rivals Vie For Control Of Top Refinery

Selected Data

• Japan Crude Oil & Condensate Imports (‘000 B/D): Saudi Share Tops 40% For 2023
• China LNG Imports: Record Qatar Volumes As China Usurps Japan As Top Global Importer For 2023
• Japan 2023 LNG Imports: Australia Dominant As Volumes Fall To 17-Year Low
• Korea LNG Imports: Australia Keeps Top Spot Ahead Of Qatar For 2023
• Taiwan 2023 LNG Imports: Australia Extends Lead Over Top Mena Supplier Qatar
• Crude Official Selling Prices ($/B)
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• Brazil: New Output Record, More To Come