Issue 07

Oil & Gas

• Baghdad, Erbil Face IOC Revolt As Cash-Crunch Stalls Payments
• Libya Peace Talks Begin But Economy Slides Towards Ruin
• Egypt: Apache Hopes Major Finds Will Stem Falling Output
• Egypt Looks To LNG Deals To Ease Gas Shortage
• Saudi Arabia Drilling Breaks Another Record But Us Rigcount Falls To 4-Year Low

Transportation

• Total Takes The Long-Term View On Global Lng Markets

Refining & Petrochemicals

• Mideast To Add 1.7Mn B/D CDU Capacity By 2020; Highest Growth Worldwide-IEA
• Oman: Liwa Bid Groups

Power & Water

• Saudi Desal Awards Take Capacity Under Development To 1.1Mn CMD
• Hyundai Awards Subcontracts For Abu Dhabi’s Mirfa

OPEC

• IEA Slashes Non-OPEC Supply Growth projections

Geopolitical Risk

• Now Or Never For Iran Oil As US Cranks Up The Rhetoric
• Saudi Arabia Wakes Up To Yemen Threat

Corporate

• Abu Dhabi Plays High Stakes Oil Game
• Mauritania Exploration: One Step Forward, Two Steps Back

Economics & Finance

• King Salman’s Social Package: A Likely Economic Stimulant
• Egypt’s Economy Begins To Turn The Corner
• Morocco Advances Subsidy Reform

Selected Data

• Thailand 2014 Crude Imports: UAE And Saudi Arabia Remain Top Of The Pile But Volumes Fall (‘000 B/D)
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• US RIGCOUNT HIT BY OIL PRICE SLIDE: FALLS TO FOUR AND A HALF YEAR LOW