Issue 26

Oil & Gas

• KRG Oil Greases Path Towards Independence
• Iraq’s Baiji Refinery Safe But Still Out
• Jordan On Alert As Pipeline Hopes Dashed By Iraq Chaos
• Iran’s Upstream Opening: The Foreign Firms That Stand To Lose

Transportation

• QNB Optimistic LNG Market Will Continue To Favor Qatar
• Saudi Tanker Takeover

Refining & Petrochemicals

• Mideast Refining Capacity Boost Underscores Growing ‘Hub’ Role- IEA
• UN: How GCC Petchems Players Can Combat Shale Revolution

Power & Water

• Sonelgaz Generating Capacity Up 2GW In 2013, But Finances ‘Fragile’
• Turkey Reveals Electricity Targets, Wind Expansion Continues

OPEC

• Algeria Heading For Oil Output Drop

Geopolitical Risk

• Saudi Arabia Feels Iraq Heat, Tightens Security
• Iraq: No Easy Options As ISIS Digs In
• US And Saudi Arabia Back Egypt’s New President
• Petroleum Ministry Owed $22bn
• Turnout At Libyan Elections Disappoints

Corporate

• Strike Action Forces Partial Stoppage In DNO Yemen Production
• Petrofac: Iraq OK, Tunisia Out

Economics & Finance

• Mideast FDI: ‘Bleak’ Prospects Amid Post-Arab Spring Instability-UN
• Bahrain: IMF Warns On ‘Fiscal Imbalances’

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• IEA’s Medium-Term Oil Market Balance (Mb/D)
• Oil Supply Capacity Growth Breakdown (Mb/D)