Issue 43

Oil & Gas

• Egypt Gas Output Drops To New Low
• Egypt Oil Output Stabilizes
• Oman Oil Production Hits New Record

Corporate

• Kurdistan Oil Patch Consolidation, GKP And ShaMaran To Merge
• Eni Completes Libya Gas Recovery Project

OPEC

• Renewed Threat Of War Raises Stakes For Oil Markets

Geopolitical Risk

• Libya-Turkey Maritime Deal Disrupts East-Med Dynamics
• Libya: Hamada-Zawiya Crude Pipeline Closure
• Kurdistan Fears Greater Baghdad Control After US Withdrawal
• Militia Disarmament Delay Strains Iraq’s Foreign Relations

Refining & Petrochemicals

• LNG Markets Face Tight Winter Without Gulf Volumes
• Qatar Signs Up To Long-Term LNG Sales Deal As A Buyer
• Saudi Petrochemicals: A Tale Of Two Coasts
• Egypt Gas Imports Drop Back Below Output For August
• Saudi Arabia’s Diesel Thirst

Economics & Finance

• Egypt’s Soaring Gas Import Bill Pushes Trade Deficit To Record $65bn

Power & Water

• Saudi Arabia’s Power Sector Reforms Back On Track

Selected Data

• Egypt Holds Fuel Prices Through Year-End
• Benchmark Crude Prices ($/B)
• China Crude Imports Slowly Increase Despite Curtailed MENA Volumes

News In Brief

• Fertiglobe Eyes $1.5bn Egypt Fertilizer Project
• EBRD Backs $566mn Egypt Solar Project
• Syria Petroleum Company CEO Replaced
• Iraq Signs Exxon Up For Seawater Treatment
• Aramco CEO Confirms Master Gas System Phase 4 Plans