Issue 45

Oil & Gas

• Iraq Says OPEC ‘Price War’ Partly To Blame For Revenue Fall, $84Bn Deficit
• Egypt LNG Imports
• Iraqi Kurdistan Eyes Economic Independence, 500,000 b/d 2015 Exports
• Algeria: If At First You Don’t Succeed…
• Saudi Arabia’s Major Gas Development Stalls

Transportation

• Qatar And China Strengthen Trade And Investment Ties

Refining & Petrochemicals

• Abu Dhabi’s Borouge Ramps Up Output At Third Ruwais Petchems Plant
• Egypt Plans Suez Refinery Asphalt, Diesel Expansion

Power & Water

• Turkey Backs Gas, Renewables; May Take Nuclear ‘In-House’
• Abu Dhabi Wraps Up Finance For Mirfa IWPP

OPEC

• OPEC Outages Calm Nerves Ahead Of Crucial Late-November Meeting
• Is $90/B The New $100/B For Saudi Arabia?

Geopolitical Risk

• Libya’s Politics Catch Up With Oil Sector

Corporate

• GCC Aid For Egypt Benefits Gulf Independents
• Egypt Secures Saudi Power Loans

Economics & Finance

• Jordan Looks To Slash Deficit In 2015 Budget
• Yemen Oil Take Slumps

Selected Data

• Chinese Crude Imports January-September 2014 (‘000 B/D)
• Saudi Arabia Cuts US OSPS For December ($/B)
• US Imports: Gulf Looks To Keep Share Of Shrinking Pie
• Benchmark Crude Prices ($/B)
• Saudi Aramco Contract Prices for LPG Exports ($/t)