Issue 16

Oil & Gas

• BP And Eni Show Faith In Egypt’s Offshore
• CNPC Kicks Off Halfaya Phase 2
• South Sudan Oil Revenues Expected By August
• Shale Revolution – Threat To Mideast NGL Exports?
• Aramco Starts Up 900,000 b/d Manifa Field
• Gulf States Reveal Shale Gas Ambitions
• Iran Revives Oman Gas Export Plans

OPEC

• Prices Fall On Economic Growth Concerns

Transportation

• Qatar’s Nakilat Faces LNG Market Challenges
• Turkey Green Lights Bosphorus By-Pass Canal Mega-Project

Refining & Petrochemicals

• GCC Plastics Demand To Continue Strong Growth
• Toyo And ENPPI Awarded Ethydco Polyethylene Project

Power & Water

• UAE ‘Leading The Way’ In Renewables, But Faces Challenges
• Oman And Saudi Complete Power Projects

Corporate

• Qatar Tiptoes Into North American Upstream
• Mubadala Petroleum Profit Slips

Geopolitical Risk

• Comment: Jabhat Al-Nusra Complicates Syrian Revolt
• US Pressure Smothers Kurdish Oil Export Ambitions

Economics & Finance

• No Breakthrough In Egypt-IMF Loan Negotiations
• IMF Approves $385Bn SBA Disbursement To Jordan
• Lebanon Eurobond Oversubscribed At $1.1Bn
• Oil Exporters/Importers Performance Gap Shrinking, Says IMF

Op-Ed & Documents

• Cyprus Bail-Out Terms Signal Huge Policy Shift For Eurozone Bank Resolution

Selected Data

• Benchmark Crude Prices/Oman Oil Production
• Chinese Crude Imports by Country of Origin