Issue 01

Oil & Gas

• Iraq Achieves 2013 Oil Output Target But Exports Still Constrained
• Iraq Faces Uncertain Future Amidst Sectarian Conflict
• South Sudan Oil Output Hit By Ongoing Clashes
• Saudi Platform Sinks
• Sharara Restart
• Libya: Benghazi Bargain Could Pay Off
• Iran: Winter Months To Bring Some Relief To Sunken Crude Export Figures

Transportation

• Fujairah To Cement Role With Major Storage Expansion

Refining & Petrochemicals

• Iraq Defends Misan Refinery Deal
• Tacaamol Aromatics JV

Power & Water

• MENA Power Survey - Regional Capacity Rises 4.4% to 350GW In 2013

OPEC

• Jadwa: Saudi May Need To Cut Output By 200,000 B/D In 2014

Geopolitical Risk

• Saudi Arabia, Iran On Dangerous Ground In Lebanon
• Syria Rewards Russia With Offshore Exploration Deal

Corporate

• Egypt: Momentum Stutters On Gas Price Uncertainty
• QP Petchem Flotation

Economics & Finance

• Saudi Arabia Unveils Record 2014 Budget Despite Curb On Expenditure Growth
• Jordanian PM Slams ‘Unsustainable’ Energy Bill
• IMF Says Jordanian Recovery On Track

Op-Ed & Documents

• Iraq & Turkey: Neighbors On The Road To Prosperity?

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Not Quite A Record Year: Iraqi Crude Exports* 2008-13 (Mn B/D)
• Iraq Crude Production 2009-13 (Mn B/D, Mees Estimates)