Issue 29

Oil & Gas

• Oxy Oman Touts Block 65 Gains
• New Egypt Gas Increments Slow Output Declines
• Qatar’s NFPS Ensures Legacy LNG Facilities Maintain Capacity

Corporate

• US Sanctions On Vs Oil Terminal Give Iraq A Headache
• PDO Oil Output At 22-Year High
• Kuwait’s Kufpec Sets Its Sights On US Shale Patch

OPEC

• Chinese Oil Stockpiling Drives Global Demand

Geopolitical Risk

• Erbil And Baghdad Reach Export Deal, Will IOCs Sign Up?
• Drone Attacks Force Shutdown Of Key Kurdistan Oil Fields
• HKN Signs Preliminary Deal For Development Of Federal Field
• Libya’s Private Oil Firm Arkenu Steps Out Of The Shadows
• Greek FM In Tripoli As Libya Lodges UN Complaint Over Maritime Dispute

Refining & Petrochemicals

• Saudi Arabia’s Advanced Petrochemicals Expansion Startup

Power & Water

• Libya Pipeline Back Online After Repairs
• Egypt’s Energos Eskimo FSRU Receives First LNG Cargo
• Saudi Arabia Awards Record Breaking Renewables Projects
• Syria Signs Socar Gas MoU, While Israel Launches Airstrikes

Economics & Finance

• IMF Delays Next Egypt Loan Payment Amid Stalling Privatization Program

News In Brief

• Oman: OQ To Build 1.1GW Wind Plants
• Enec To Source Nuclear Fuel From US
• Adnoc To Transfer OMV Shares To XRG
• Amea Starts-Up First Egypt Battery Storage
• Ashdod Refinery Restart Delayed

Selected Data

• Cyprus LNG Import Fiasco Drags On
• Crude Official Selling Prices ($/B): Iraq, Kuwait Raise Prices To Asia
• Benchmark Crude Prices ($/B)
• Egypt Oil Output Flat In May