Issue 39

Oil & Gas

• Libya’s Fragile Oil Recovery Continues
• Fresh Fighting Threatens Remaining South Sudan Oil Output
• Jordan Launches Bid Round

Transportation

• Eni Shows Its Faith In Egyptian Deepwater
• Egypt Mulls PP Project At Alexandria

Refining & Petrochemicals

• Key Project Shelved As Qatar Shifts Petchems Strategy

Power & Water

• UAE Faces Power Capacity Shortfall, Targets Improved Efficiency

OPEC

• Saudi Arabia Defends Market Share With Asian Price Cut

Geopolitical Risk

• Islamic State Attacks Iraq Refinery As US Blasts Syria Plants
• Islamic State And Al-Qa’ida: Rivals And Two Sides Of The Same Coin
• Western Sahara: Hydrocarbons With Conflict Potential
• Yemen Slashes Fuel Prices On Houthi Demands

Corporate

• Kuwait Seeks IOC Help To Hit Production Targets

Economics & Finance

• Libya: Slashed Oil Exports Leave $16Bn Budget Hole
• Morocco Coal Power Finance
• IMF Calls For Hike In Saudi Energy Prices
• Crisis-Proofing Middle East Oil Exporters’ Purchasing Power

Selected Data

• Benchmark Crude Prices
• Egypt: Oil Output Steady (670,000 B/D), Gas Falls To Lowest Level Since 2005 (4.6mn Cfd)