Issue 08

Oil & Gas

• Egypt Upstream Output Set To Fall Further In 2024 As Zohr Slump Continues
• Egypt Gas Crunch To Intensify Even Amid Record Israel Imports
• Egypt Aluminum: 1GW Scatec Solar

Corporate

• Israel’s Tamar: Chevron FIDs 1.6bn Cfd Expansion With Egypt Sales Boost

OPEC

• Aramco Bypasses Houthi Threat With Yanbu Arab Heavy-To-Europe Shipments
• India Crude Imports: Russia Surges Past Iraq & Saudi For 2023

Geopolitical Risk

• Egypt Running Out Of Options As Southern Gaza Braces For Israeli Ground Offensive
• Total, Eni, QatarEnergy Axe Lebanon Block Bid

Refining & Petrochemicals

• Qatar Breaks Ground At $6bn Petrochemical Complex
• Algeria Sees Record Oil Consumption For 2023 As Gas Exports Maxed

Power & Water

• Dubai Power Demand Up 6% As Solar Share Hits Record 11%
• Abu Dhabi Solar Award

Economics & Finance

• Saudi Oil Sector Looks To Domestic Efficiencies To Offset Production Curbs For 2024

News In Brief

• Houthi Strikes Risk Sinking Ship
• Kuwait Starts Up New Jurassic Gas Facilities
• Kuwait Feeds Heavy Crude Into Al Zour Refinery
• Saudi Arabia’s Advanced: Isopropanol Plant Award
• Saudi PIF To Hike Spend
• Libya Ups Drilling Efforts
• Eni Drills Wildcat Off Oman

Op-Ed & Documents

• Unlocking the East Med Energy Potential: A Vision for the Future

Selected Data

• India LNG Imports: India LNG Imports: Qatar Still Dominant For 2023
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• LNG Prices Fall To Lowest Level Since Mid-2021