Issue 30

Oil & Gas

• 230,000 B/D Garraf Joins List of Delayed Iraqi Projects
• Wintershall Set To Explore Shuweihat As IOCs Help Abu Dhabi Boost Gas Production
• US Mulls Further Tightening Of Iran Sanctions Screw
• Abu Dhabi: Onshore Pumps 1.5Mn B/D, Investing $40Bn
• South Sudan Oil Shutdown Back On
• Aramco Rigs To Hit 200 By End-14, But Drilling Delayed
• Dragon Edges Up Output

Transportation

• Baghdad, Tehran Tout Gas Import Deal
• Bahrain LNG Import Plans

Refining & Petrochemicals

• GCC Polypropylene Boosted By Conversion Push
• Sipchem-Hanwha EVA/Molds JV

Power & Water

• OPWP Sets Out Development Priorities, Reports 2012 Progress

OPEC

• OPEC Producers Adopt Higher Oil Price Assumptions For 2013 Budgets

Geopolitical Risk

• Iraq: Increased Violence Heightens ‘Sectarian Civil War’ Fears

Corporate

• SABIC Sales Down, Looks To Bolster US Interests
• QPI Powers Into Med
• Mideast Boosts Oil Service Firms’ 2Q Revenues

Economics & Finance

• Algeria’s Hydrocarbon Exports Down 7.1% In 1H13
• Syria: $12Bn Oil Losses
• Kuwait’s 2013-14 Budget Eyes Surplus
• Jordan Bags $500mn Aid

Op-Ed & Documents

• Modeling OPEC Fiscal Break-Even Oil Prices: New Findings and Policy Insights

Selected Data

• Benchmark crude prices
• Reported Bribery Rates: MENA and selected other countries