Issue 20

Oil & Gas

• Qatar Faces Cost Blow-Out In Drive To Redevelop Bul Hanine
• Morocco Disappoints
• KRG Goes Quiet On Oil Export Plans As Storage Tanks Fill Up
• Libya: Production Resumes In East And West
• Delek Raises Funds To Drive Offshore Israel Development
• Leviathan Eyes Cyprus Tender; Cyprus Eyes LNG
• East Med Energy Hub?

Transportation

• Egypt Plugs Gas Supply Gap With LNG Cargoes

Refining & Petrochemicals

• Fertilizer Boost For Algeria’s Battered Petchems Industry
• Iran Targets Petchems Hike
• Iraq Petchems Exports Possible After 2020
• Saudi Gifts Egypt Oil

Power & Water

• UAE Considers Long-Term Power Strategy
• Oman Seeks Proposals For Salalah-2 IPP

OPEC

• Saudi Arabia Sees No Need For OPEC Output Hike
• Saudi-Iran Relatons On The Mend?

Geopolitical Risk

• Iraqi Elections: Months Of Haggling Beckon As Maliki Looks To Cling On

Corporate

• Total Sells 30% Of Morocco Retail Operation To Saudi Zahid Group
• Turkey In $350Mn WB Power Loans
• Aramco Annual Review: Gas Record, Oil Down
• Dana Dues Rise Again

Economics & Finance

• Libya, Cyprus Eye EBRD Cash
• Libya: 14% Budget Cut
• Iran: Hope All-Pervasive, But Is It Justified?
• US Treasury Sanctions Syrian Refineries
• Crude Official Selling Prices ($/B)

Selected Data

• Benchmark Crude Prices ($/B)
• Exposure To High-Cost Barrels: 2014-25 Capex On Projects Needing $80/B Brent To Break Even ($Bn, Top 20 Firms)