Issue 17

Oil & Gas

• ‘Algeria Is Open’: Alnaft Offers Seven Blocks In New Bid Round
• Egypt’s East Med Gas Hub Role Boosted By Iran War

Corporate

• Regional Crisis And Tight Finances Derail Iraq’s LNG Import Plans

OPEC

• Two Months Of Hormuz Disruptions Tightens LNG Market
• China 1Q26 LNG Imports: Imports Slump On The Back Of Hormuz Closure

Geopolitical Risk

• Hormuz Crisis Revives Basra-Ceyhan Pipeline Push
• US Extends Ceasefire As Talks Stall And Hormuz Tensions Persist

Refining & Petrochemicals

• East Africa Faces Fuel Shortages As Gulf Product Exports Collapse

Power & Water

• Jordan Eyes Algerian LNG Amid Israeli Import Disruptions
• Egypt Plans Fuel Burn To Avoid Power Blackouts

Economics & Finance

• Israel Gas Shutdowns Raise Compensation Questions

News In Brief

• Egypt Raises Fertilizer Gas Prices
• Transocean Awarded 5-Well East Med Drilling Contract
• Egypt Offers Gulf Of Suez Blocks
• Turkey Open To Iran Gas Contract Extension
• Hormuz Crisis Weighs On Korea Crude Imports

Selected Data

• Benchmark Crude Prices ($/B)
• Iran Leads China Crude Imports In March As Overall Mideast Volumes Slow