Issue 27

Oil & Gas

• KRG To Hold Independence Referendum
• Egypt’s LNG Imports Face Delays
• BG Signs Deal To Pipe Israeli Gas To Egyptian LNG Plant
• Woodside Morocco Stake
• Libya On The Cusp Of Oil Revival
• Saudi Arabia Says Iran Has No Claim To Dorra
• Kuwait Reels From Scandal

Transportation

• Will Fujairah Get With The LNG Bunkering Trend?
• Fujairah Plans Modular Refinery To Process Tanker Slops

Refining & Petrochemicals

• Aramco Doubles Stake In Korean Refiner, Part Of Global Downstream Push
• SABIC $840m Acrylics Plants

Power & Water

• Saudi Hikes Generation Capacity, Boosts Combined Cycle Usage
• Egypt Advances 2GW Plant

OPEC

• Iranian Oil Sales Stay High In May Amid Bumper Chinese Buying

Geopolitical Risk

• Saudi Arabia Deploys Troops On Iraq Border

Corporate

• Genel Optimism As KRG Output Soars
• Waha Capital In Energy Push

Economics & Finance

• Egypt’s 2014-15 Budget Slashes Energy Subsidies, Deficit
• GCC Economies ‘Hooked’ On Bumper Oil And Gas Revenues -S&P

Selected Data

• Benchmark Crude Prices ($/B)
• Natural Gas Usage For Road Transport (Bcm/Y, IEA Forecasts)
• Share Of Transport Use In Global Oil Demand (Mn B/D, IEA Forecasts)