Issue 06

Oil & Gas

• Iraq Threat Recedes But Still Present As Northern Field Captured
• Palestinian Economic Growth Stalls
• BG Slashes Egyptian Spending As Production Plummets
• Iran Oil Shipments Up 15% In 2014 As China, India Overlook Limits
• Morocco Looking To Boost Gas Output
• Bapco, Aramco Invite Sitra Pipeline Proposals

Transportation

• South Korean LNG Imports: Qatar Cements Top Position In 2014
• Suez Canal Record Revenue And Volumes For 2014 (‘000 Tons)

Refining & Petrochemicals

• Sadara Nears Completion, Recruiting Processors For PlasChem Park

Power & Water

• UAE Targets Improved Efficiency ‘Throughout Electricity Value Chain’
• Iran Starts Work On Qeshm Power/Desal Plant

OPEC

• OPEC Output Slides In January Despite Gulf Increments

Geopolitical Risk

• Canada’s Pipeline Battle With US Has Implications For Saudis

Corporate

• Total Still Leads The Pack On UAE’s Adco Concession
• Saudi’s Advanced Petrochemical Extends Japan/Belgium Deals

Economics & Finance

• Iraq’s 2015 Budget: A Catalyst For Better Relations With Erbil

Selected Data

• Japanese Crude And Condensate Imports: Saudi Retains Top Spot As Russia Surges Up Rankings (‘000 B/D)
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• SAUDI ARAMCO CONTRACT PRICES FOR LPG EXPORTS ($/T)