Issue 25

Oil & Gas

• Iran Going The Extra Mile With New Oil Contracts
• Dea Looks To Boost Egypt Oil Output, Slams Algeria Terms
• Morocco Sticks To LNG Plan, Keeps Calm And Keeps Drilling
• IEA Climate Change Goals Put Spotlight On Mideast Subsidies

Transportation

• Iraq To Revise Pipeline Route To Jordan

Refining & Petrochemicals

• Egyptian Refiners Award Contracts For New Gasoline Units, Plan Coker Rehab

Power & Water

• Egypt Completes Smaller Power Plants Amid Major Capacity Hike
• Egypt’s Taqa Plans To Double Capacity To Help Cairo Bridge Power Shortage

OPEC

• Saudi Runs Hit Record, Cut Into Exports (Jodi April Data, ‘000 B/D)

Geopolitical Risk

• Libya Dreams Of 1Mn B/D End-Year Output

Corporate

• Egyptian Independents Get Boost From Multilateral Cash
• Chinese State Firm Expands In Egypt
• Enoc To Expand On International Stage

Economics & Finance

• Slow Start For Saudi Stock Market Opening To Foreigners

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Egypt: Gas Output Down Sharply, Offshore Med Down Furt Her To Below 60% Of Total (Mn Cfd)