Issue 15

Oil & Gas

• South Sudan Turns On The Taps
• Iran Oil Exports Likely To Continue Slide
• Algeria: Repsol Find
• DNO, Genel See Iraq Crude Boost
• Abu Dhabi Awards Delayed Oil Boost Contract
• MENA Active Drilling Rigs

Geopolitical Risk

• Egypt: Fraying At The Seams
• Comment: Domestic Problems Vex Egypt’s Regional Role

OPEC

• OPEC And IEA Trim Demand Forecasts On Weaker Than Expected Data

Selected Data

• Crude Official Selling Prices
• Benchmark Crude Prices

Transportation

• Basra-‘Aqaba 1Mn B/D Pipeline Project Advances
• Key Yemen Crude Export Infrastructure Targeted

Refining & Petrochemicals

• ORPIC Continues To Plan Sohar Financing

Power & Water

• DEWA Inaugurates UAE’s Largest Power And Desalination Plant
• Lebanon Starts Up Power Barge, Awards Contract For New Plants

Corporate

• Kufpec Looks to Asia-Pacific To Boost Output

Economics & Finance

• Qatar And Libya Give Egypt $5Bn Emergency Fix
• Qatar Pledges Cash Assistance To Darfur
• Iran Mulls Return To Unified Exchange Rate
• Kuwait Eyes $18Bn Projects In New Budget
• Jordan Disburses Energy Cash Handouts
• Jordan Finalizes Saudi/Kuwaiti Grants

Op-Ed & Documents

• Upstream Costs – Do They Justify High Oil Price?