Issue 01

Oil & Gas

• Iraqi Provinces Demand Payment Hike After KRG Deal
• Cash-Strapped Baghdad Looks To Tweak Contract Terms
• Baghdad Looks To Press On With Jordan Pipeline
• Subsidies Should Go As Oil Price Falls: IEA Chief Tells Arab Ministers
• Egypt: Oil Price Fall Slashes Subsidies Spend
• Cairo Hopes $2.1Bn IOC Payment Will Pave Way For Bid Round Success

Transportation

• Egypt To Ease Gas Crisis With Algeria LNG
• Cyprus Disappoints

Refining & Petrochemicals

• New Gulf Petchems Start-Ups In Shadow Of Aramco Mega-Projects
• Samref Upgrade Complete

Power & Water

• MENA Power Survey: Generators Seek Fuel Diversity; Capacity Up 3.4% To 370GW

OPEC

• Saudi Oil Policy In Spotlight As King Admitted To Hospital
• MEES Interview With Ali Naimi: ‘We May Not’ See $100/B Again

Geopolitical Risk

• South Sudan Turns To China As Warring Parties Prepare To Renew Hostilities
• IOCs Consider Yemen Pull-back As Attacks Mount
• Lebanon Bid Round

Corporate

• Israel: Leviathan Development Set For Further Delays Following Anti-Trust U-Turn

Economics & Finance

• Saudi Arabia Budgets For $39Bn 2015 Deficit Despite Spending Cut
• Algeria: OPEC Must Cut

Selected Data

• Domestic Prices of Oil Products In MENA Countries
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Imports Of Iranian Crude & Condensate By Country (Mn B/D)