Issue 05

Oil & Gas

• Iraq’s West Qurna-2: Start-Up By May, 400,000 b/d By Fall
• Exxon Shrugs Off West Qurna-1 Cut
• Iraq, KRG Narrow Differences In Oil Row But Final Accord Elusive
• Cash Needed For Provinces
• ExxonMobil Mum On Abu Dhabi Onshore Plans
• Dubai Moves On Jalilah
• BP Lays Out Eastern Shift In Global Gas Demand

Transportation

• UAE Plans For Long-Term Gas Imports With North American Investment

Refining & Petrochemicals

• Petchems Firms Foster ‘Made In Saudi Arabia’
• Power Outage Downs KPC Plants

Power & Water

• Abu Dhabi Faces Power Crunch
• Dubai’s Dewa Adding 400mw
• Turkey Power Projects Pipeline Seeks To Maintain Fuel Balance

OPEC

• Chinese Import Slowdown Sets Alarm Bells Ringing For OPEC

Geopolitical Risk

• Force Majeure A Reminder Of Risks For Energy Producers In Egypt
• Repsol Defies Libya Storms

Corporate

• Qatar Expands Overseas Ambitions With Brazil Deepwater Deal
• Oil Service Companies Eye Middle East For 2014 Growth

Economics & Finance

• Rafsanjani Criticizes IRGC’s Economic Power
• SEC Sukuk Nets $1.2Bn; Profits Up
• UN Sees Polarized Performance In Arab Region
• Mauritania Bags $850Mn

Op-Ed & Documents

• The North Sea & OPEC, Contrasting Policies, But Comparable Oil Resources?

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Saudi Aramco Contract Prices for LPG Exports ($/t)