Issue 46

Oil & Gas

• Lukoil Sanctions Disrupt West Qurna-2 Operations
• Mauritania’s Banda Integrated Gas Project Progresses
• Kosmos Lifts First GTA Condensate Cargo

Corporate

• Egypt’s Improving Commercial Environment Provides Upstream Optimism
• Adnoc Gas Targets 2026 FID On Key Growth Projects

OPEC

• Opec Report Shows Production Growth Slowdown
• IEA Raises Energy Security Alarm, Says World on Course for Substantial Oil Demand Growth

Geopolitical Risk

• Dana Gas Signs Up To Syrian Gas Development Plan

Refining & Petrochemicals

• ‘The Great Fuel Heist’: Libya’s ‘Kleptocrats’ Blamed For Smuggling Crisis

Power & Water

• Saudi Arabia’s Record Electricity Consumption In Q3

Economics & Finance

• Saudi Arabia’s Deficit Spikes To Five-Year High In Q3

News In Brief

• Qatar To Divert 24 Pakistan LNG Cargoes
• Oman Signs PPA For 125mw Wind Project
• Qatar To Invest $30bn On Egypt Med Resort
• Leviathan Maintenance Reduces Gas Flows

Selected Data

• Crude Official Selling Prices ($/B): Somo, KPC Cut December OSPs To Asia
• Benchmark Crude Prices ($/B)