Issue 45

Oil & Gas

• November Political Changes Unlikely To Impact Energy Macro-Trends
• Iraqi Oil Sector Set For Major Change
• Libya’s AGOCO Looks To New Ghadames Production Heartland
• Algeria’s South West Gas Project Boosted By Pipeline Award
• Unrest Threatens To Scupper Yemen Oil Sector Investment Hopes
• IOCs Outline Plans For South Sudan Oil Sector
• Cyprus Awards Four Offshore Licenses
• Israel Gas Sector Development Faces Setbacks

Refining & Petrochemicals

• IEA Sees Ethylene Market Driven By Ethane Cracker Surge
• Riyadh Refinery Bidding Extended

Economics & Finance

• IMF: Hydrocarbon Dependence Leaves GCC Exposed
• Syria’s Budget Deficit Set To Double For 2013
• Algerian Export Revenue Up, But Hydrocarbon Dependence Increases
• Moody’s Sees Negative Outlook For Lebanese Banking

Selected Data

• Benchmark Crude Prices & Crude Official Selling Prices

Transportation

• Nakilat Profit Slips, As It Ponders Fleet Fuel Switch

Power & Water

• MENA Solar Power Progressing In Small Steps

Geopolitical Risk

• Libyan Congress Approves Government
• Ghasemi Threatens To Stop Iran Oil Exports
• Political Comment (2 November 2012)

Corporate

• Dana Gas Misses Sukuk Deadline
• Banks Hold Road Show For TAQA $2Bn Loan
• Adira Energy Sells Stakes In Offshore Licenses