Issue 32

Oil & Gas

• Protests Suffocate Libyan Oil Production
• Kuwait’s New Oil Minister To Push Through ‘Mega’ Projects
• KRG Drilling Surges As Turkey Partners With ExxonMobil
• Lukoil Looks At Kirkuk Development

Transportation

• Golar LNG To Supply FSRU Units To Jordan, Kuwait
• Iraq-Jordan Pipeline Progress

Refining & Petrochemicals

• Kuwait Fast Tracks Refinery Projects
• Orpic: Plastic Expansion

Power & Water

• Aramco States Power Intent With 4GW Jazan Plant Award
• Yemen, Turkey Expand Gas-Fired Power; Coal Funding Tightens

OPEC

• Saudi Moves To Replace Libya Shortfalls

Geopolitical Risk

• Rohani Champions Diplomacy Despite Ongoing Sanctions Threat
• Zanganeh Back In oil ministry Fold
• Al-Qa’ida Resurgent
• Confusion Reigns As Iran Denies Russia Oil Deal Reports

Corporate

• UAE Firms Dana Gas, Dragon Oil and TAQA Face 1H13 Woes

Economics & Finance

• Syria Bans Transactions In Foreign Currency
• Gulf Aid Boosts Egypt’s Reserves To $19Bn
• Yemen’s 2012 GDP Rises But Challenges Remain, Says IMF
• Algeria To Curb ‘Illicit’ Outflows
• Oman Budget Heading For Surplus Despite Temporary Deficit
• Oman Reviews Fuel Subsidies

Op-Ed & Documents

• Iraq’s National Energy Strategy: Oil And Gas Output, Diversification and Employment

Selected Data

• Benchmark Crude Prices
• Jordan Product Prices (Fils/Liter, Unless Otherwise Stated)