Issue 02

Oil & Gas

• Iraq Expects West Qurna-2 Start-Up By End-February
• Khartoum Gets Involved In Southern Sudanese Conflict
• IOCs Welcome New Egyptian Bid Round As Sign Of Progress
• Petroceltic Focuses On North Africa As Investment And Production are Set To Slump
• Libya Stand-Off Intensifies, Production Ramps Up
• Lebanon Bids Delayed
• Sharara Races Towards Full Output
• Morocco Urges Caution On Exploration

Transportation

• KRG Finalizes Marketing For End-January Independent Crude Exports

Refining & Petrochemicals

• Baghdad Awards Karbala Refinery EPC To Korean Consortium
• Sipchem Plans Q1 Start-Up For EVA/LDPE Plant

Power & Water

• Saudi Starts 4GW CCGT Plant, Further 30GW Planned By 2018
• Turkish Wind Power Soars With 124MW Of New Deals
• Iraq Desalination To Break Ground

OPEC

• OPEC Output Recovers In December On Gulf Boosts

Geopolitical Risk

• Shell Tormentor-In-Chief Bags Kuwait Oil Minister’s Job
• Kuwait Budget Surplus Falls In First Half 2013-14
• ISIS Expands In Iraq But Under Pressure In Syria
• Egypt In 2014: Referendum And Elections
• Egypt Eases Forex Rules

Corporate

• ADCO: End Of An Era For Foreign Oil Majors In Abu Dhabi
• Petro Rabigh Wins $267Mn RAWEC Compensation

Economics & Finance

• Oman’s 2014 Budget Aims To Curb State Expenditure

Op-Ed & Documents

• Nine Approaches To Counter The Emergence Of Unconventional Oil

Selected Data

• Libya: Official Crude Export & Refining Statistics, Jan-Nov 2013
• Benchmark Crude Prices ($/B)
• Country Risk Ranking*
• Energy Investment Potential Ranking*