Issue 33

Oil & Gas

• Libya: Export Constraints Ease As Eastern Terminals Come Back Online
• Kurdistan Grapples With ISIS Threat; Oil Output Steady For Now
• Hungary’s MOL Announces KRG Development Plan As Others Exit
• UAE’s Taqa Suspends Kurdistan Operations

Transportation

• Qatar Petroleum And ExxonMobil Move Closer To US LNG Exports

Refining & Petrochemicals

• Satorp Refinery Units ‘All Operational’, Says Total
• Aramco/Sumitomo Agree Handover Of Rabigh-2 To JV Operating Company

Power & Water

• Israel Upgrading Power Plants To Exploit Natural Gas Reserves
• Noble And Delek To Sell Israeli Gas Fields
• Jordan Advances Solar Plans In Restive Southern Deserts

OPEC

• Supply/Demand: ‘Eerie’ Calm As Uncertainties Mount
• OPEC Output Surges In July On Saudi, Libya Additions

Geopolitical Risk

• Pressure Eases As Yemen Secures Long-Awaited Loan

Corporate

• Talisman Presses Ahead With Kurdish Asset Sale
• Iran Takes Crescent Hit

Economics & Finance

• Saudi Set For $28bn 2014 Surplus
• Oman Export Income Down
• Egypt Price Hikes Push Inflation Rate To 10.6%
• Jordan: $1bn Eurobond

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Allocation Of Fuel Subsidies In Three Developing Mena Countries (% Of Benefits By Wealth Quintile)