Issue 36

Oil & Gas

• Iraqi Oil Output Falls As Battle Against ISIS Intensifies
• BP Agrees Lower Rumaila Plateau As West Qurna-2 Ramps Up
• Qatar’s Barzan Gas Faces Delay
• Libya’s Oil Revival
• Egypt Bid Round Yields First Results
• Sonatrach Discoveries
• Leviathan Development Gathers Pace As Partners Sign Third Sales Deal
• Oman Taps Shell For 30,000 b/d Crude Output Boost
• Imports of Iranian Oil Stay High Ahead Of September Talks
• Iran Condemns Fresh US Sanctions, Maintains Optimism

Transportation

• Petronas To Test Qatar’s Dominance Of Flexible Lng Market

Refining & Petrochemicals

• Gulf Refinery Data Reflects Saudi Capacity Ramp-Up, Impact Of Iraq Turmoil
• Mideast EVA First For Sipchem

Power & Water

• Turkey Completes 900MW Gas Plant As Part Of Ambitious Capacity Expansion
• Abu Dhabi Capacity Hits 15.5GW With Shuweihat S3 Completion

OPEC

• OPEC Output Continues Rise As African Volumes Recover

Geopolitical Risk

• Saudi Gas Pipeline Hit As Dozens Arrested For Terror Links
• Iraqi Oil Sector Faces Years Of Instability
• GCC Saga Continues

Corporate

• KRG Oil Output Steady As Some Operators Return

Economics & Finance

• Algeria Budgets For Higher Spending In 2015
• $8.4bn Suez Financing
• Syria Eyes Iran For More Aid
• IMF Releases $217Mn For Tunisia

Op-Ed & Documents

• The Elusive Costs And Benefits Of Saudization

Selected Data

• United States Crude Oil Imports, 1h 2014 (‘000 B/D)
• Benchmark Crude Prices ($/B)
• US Crude Imports (Mn B/D): OPEC Volumes Fall To Lowest Level Since 1988