Issue 16

Oil & Gas

• Iraq Advances Southern Export Capacity Boost
• Exxon East Med Drilling: Pegasus Next Up After Elektra Flop
• Israel’s Tamar Partners, Energean Ink Local Gas Supply Deals

Corporate

• Eni Algeria Output Record Amid $9bn Investment Pledge

OPEC

• China Posts Bumper March Import & Oil Demand Stats: The Calm Before The Storm?
• US-China Trade War Fuels Downbeat Demand Revisions

Geopolitical Risk

• Two Years Of War In Sudan: New Governments, New Front Lines

Refining & Petrochemicals

• GCC States Lead Dissent Against IMO’s Shipping Emissions Plans
• Egypt Looks To Cut Subsidy Spend By Hiking Fuel Prices Despite Falling Brent
• Bahrain Prepares For First Ever Summer Of LNG Imports

Power & Water

• Dana & Crescent Target 2026 Kurdistan Gas Output Surge
• Egypt PM Pledges ‘No Summer Blackouts’

Economics & Finance

• Korea’s Mideast LNG Imports Slump On Contract Expiration
• Korea Crude Imports Down For Q1 As Tariffs Threaten Demand

News In Brief

• Iran-US Talks: Mixed Messages
• Iraq: Total GGIP Awards
• Sisi Snags $7.5bn Qatar Cash
• Egypt Readies Military Firms For Privatization
• Libya: ‘Double Spending’ Blamed For Devaluation
• Mauritania’s Tortue: First Cargo
• Oman: State Renewable Stakes
• Benchmark Crude Prices ($/B)

Selected Data

• Korea LNG Imports: Australia Surges Ahead As Mena’s Share Drops
• Taiwan 1Q24 LNG Imports: Qatar Takes Top Spot As Mideast Share Rises
• Crude Official Selling Prices ($/B): Kuwait Cuts May Price Versus Saudi
• Taiwan 1Q24 Crude Imports ('000 b/d): A Us Surge Pushes Saudi Arabia Off Of Top Spot