Issue 12

Oil & Gas

• Egypt Plans For Gas Shortage By Lining Up FSRU
• Damietta LNG Terminal Faces Damage From Sporadic Flows

Corporate

• Israel Takes $1bn+ Conflict-Related Hit To Oil & Gas Revenue

OPEC

• Saudi Red Sea Crude Exports To Europe Soar
• Kuwaiti Crude Exports Shrink Amid Record Refinery Runs
• China Crude Imports: Russia Well Ahead

Geopolitical Risk

• Iraq-Turkey Pipeline Closure One Year On
• Iran: $13bn Oil Awards
• Sudan Declares Force Majeure On Crude Exports After ‘Major Rupture’ In Key Pipeline

Refining & Petrochemicals

• Bahrain’s Future Distillate Surge To Plug Refining Gaps in Europe and Africa

Power & Water

• Power Surge: Saudi Arabia’s Electricity Demand Soars To New Heights
• Algeria 3gw Solar Award
• Oman Wind Capacity to Hit 1GW In 2027

Economics & Finance

• Egypt Taps $Bns More In Funds To Support ‘Vital Role’ In ‘Troubled Neighborhood’

News In Brief

• US Republicans Slam IEA Energy Transition Stance
• Aramco Cans Pipeline Deal
• Germany Taps UAE, Oman LNG
• Kuwait Buys 50% Of Italian Biodiesel Producer
• Poland’s PGNiG To Resume Libya Exploration
• Benchmark Crude Prices ($/B)

Selected Data

• Saudi Arabia Jan 2024 Key Oil Data: Crude Exports Stable At 6.3mn B/D Since October
• Crude Official Selling Prices ($/B)
• Israel’s Aaron Frenkel Ups Tamar Stakes