Issue 38

Oil & Gas

• Kuwait Plans Second Offshore Drilling Program
• Cyprus & Chevron Seek Amicable Aphrodite Solution
• Aramco Ups LNG Stake

Corporate

• Chinese Firm Set For Oman Entry With $186mn Tethys Bid

OPEC

• Asian LNG Imports: Firm But Not Spectacular

Geopolitical Risk

• Libya’s Oil Exports Down By Two Thirds Amid Ongoing Political Impasse

Refining & Petrochemicals

• Saudi Oil Burn On Course For Another Annual Record Following Summer Surge

Power & Water

• UAE Powergen: Barakah Completion Pushes ‘Clean’ Share Above 30%
• Aramco The Big Winner In Egypt LNG Import Tender
• Egypt Posts Record Domestic Gas Deficit For July
• Egypt Signs Up Amea & Scatec For 2GW Solar & 1.1GWh Storage In $1.4bn Deals

Economics & Finance

• Egypt State Oil Firm Sees Finances Stretched By Rising Receivables & Falling Output
• Oman Shortlists For 1gw Wind

News In Brief

• Iraqi PM Cautions On Chances Of KRG Resolution...
• …As Output Edges Up
• Kirkuk Prep For BP Takeover?
• Iraq: Pakistan Firm Exits Block 8
• Oman's Ara Targets Tanzania Gas
• Oman: Thai LNG Sales Deal
• China Runs Remain Low

Selected Data

• Iraq Cuts Asia OSPs But By Less Than Saudi ($/B)
• Benchmark Crude Prices ($/B)
• Key Global LNG & Gas Prices ($/Mn Btu): Asian LNG Prices Have Been Edging Higher But May Have Peaked