Issue 32

Oil & Gas

• Iraq, KRG Boost Oil Exports But Both Still Short-Changed
• KRG Cash Pledge Boosts Foreign Operators
• Kuwait Defends Position In Neutral Zone Row With Saudis
• BP, Eni Tout Improved Egypt Economics
• WND Advances With Contract Award
• Ganope Block Awards
• Saudi Arabia Explains Goals Of CO2 Project
• Algeria Fields Start Up
• Iran Plans March Azar Start-Up

Power & Water

• SEC And KACST Plan First Utility-Scale Saudi Solar Plant
• Egypt Powers Ahead With Electricity Expansion
• Israel Closes $1bn Solar Financing

Transportation

• EU-Algiers Political Efforts Out Of Touch With Market Realities

Refining & Petrochemicals

• Egypt Signs Deals For CDU, Diesel Units In Push To Meet Rising Demand
• Orpic/Samsung Go To Court Over Sohar Revamp

OPEC

• Oil Prices Suffer As Opec Output Rises Again In July

Geopolitical Risk

• UAE Arrests 41 Amid Apparent Terrorist Plot

Corporate

• Shell And BP Step Back From ADCO
• Sadara To Supply Juffali Plant With MDI
• Second Time Lucky For Enoc’s Dragon Oil Acquisition

Economics & Finance

• Libya Looks To Recover Overseas Cash
• Iran Slashes Cash Handouts In Bid To Balance Books
• Jordan Taps Bumper Aid; IMF Praises Energy Policy
• SAMA Plans More Debt

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Iraq Crude Burn Hits Record 190,000 B/D As Gas Infrastructure Fails To Keep Pace With Power Demand