Issue 17

Oil & Gas

• Egypt & Eni Plan $1bn-Plus Zohr ‘Phase-3’ To Facilitate Cyprus Tie-Backs
• Oman Balances Gas Gains With Opec+ Cuts

Corporate

• Adnoc Boosts China Ties With Sales Office & LNG Deals
• Key Gulf Futures Exchange Eyes China

OPEC

• China Q1 Gas Imports Dip With Pricey LNG Shunned; Qatar Leads LNG Suppliers

Geopolitical Risk

• Iran Dreams Of Future Upstream Boom, Eying IOC Return Should US Deal Be Reached
• US Targets Lucrative Iran-China LPG Flows

Refining & Petrochemicals

• Saudi Slashes Jan-Feb Oil Burn; Can It Maintain The Progress?

Economics & Finance

• IMF Slashes Global Outlook As World Enters New Economic Era

News In Brief

• Chevron Follows Shell With Egypt Red Sea Exit
• Kuwait Downstream Merger
• Iraq To Cut IOC Operating Budgets
• Qatar Adds 875mw Solar
• World Bank: Mena Downgrade
• Morocco Advances LNG Import Plans

Selected Data

• Benchmark Crude Prices ($/B)
• China Imports Record Crude From Iran/Malaysia