Issue 47

Oil & Gas

• Abu Dhabi Concession - Game On For BP
• Abu Dhabi Looks To Offshore Future
• Egypt Finalizes Bidding Award
• Petroceltic Eyes Algerian And Egyptian Expansion
• Producers And Consumers Seek Cure For Oil Market Turbulence
• Repsol Strikes Gas In Algeria
• KOC Eyes $56bn Investment Bonanza
• Pipeline Sabotage Hits Yemen Crude Production
• Sudan Enlists China’s Help In Production Drive
• Iraqi Oil Investors Poised For Change
• Big Year For Big Oil
• Jordan’s Energy Price Hike Triggers Protests
• Leviathan Partners To Drill 4Th Well

Refining & Petrochemicals

• Middle East Refining Capacity To Rise, Says OPEC
• SABIC Awards Jubail Storage Contract, Plans Polyols JV

OPEC

• OPEC Role Steady Amid Rapid Change In IEA Outlook

Selected Data

• Benchmark Crude Prices

Transportation

• Cyprus-Israel-Greece Electricity, Gas Links Studied

Power & Water

• ADWEA Introduces Financing Change To IWPP Process
• Yemen Pens Power Plant Deals

Corporate

• Mubadala To Invest $8bn In East African LNG Production

Economics & Finance

• Parliament Halts Subsidies Reform Plan As Inflation Rises
• Sudan Rebuffs IMF Austerity Recommendations
• UAE Issues 2012 Supplementary Budget
• IMF Sees Solid Economic Performance In Algeria

Geopolitical Risk

• Riyadh Accuses Iranian Navy Of Intercepting Aramco Vessel
• Political Agenda Emerges As Cyprus Kicks Off Gas Block Talks