Issue 41

Oil & Gas

• Iraq Running Out Of Time To Implement Gas Strategy
• Petroceltic Offer Sharpens Dragon Oil’s North Africa Focus
• Lebanon Bid Round Stuck In Neutral
• MENA Active Drilling Rigs, September 2014.*

Transportation

• UAE Advances LNG Import Plans

Refining & Petrochemicals

• Iran Faces $40Bn Petchems Project Backlog, Uncertain Gas Supplies
• Oman: Prequalification Out For Duqm Refinery EPC Contract

Power & Water

• Iran Reveals Impact Of Bushehr Outages, UAE And Jordan Pass Nuclear Milestones
• Jordan Looks To Shale Power To Ease Reliance On Oil Imports
• Morocco Snags $290Mn Chinese Coal-Fired Funds

OPEC

• Prices Under More Pressure As OPEC Output Hits 16-Month High
• Libya’s Oil Recovery Loses Momentum

Geopolitical Risk

• Iraqi Kurds Go Quiet On Independence

Corporate

• MOL Confident Of Future In Kurdistan
• KUFPEC Plants First Gulf Flag In North American Shale
• Petrofac Iraq Contract

Economics & Finance

• Egypt Bags More Aid Amid Gaping Budget Deficit
• Algeria Stares Deficit In The Face

Selected Data

• Benchmark Crude Prices ($/B)
• Egypt Oil Balance: Net Imports Hit 200,000 B/D