Issue 39

Oil & Gas

• Increasing Fuel Supplies Top Of New Egyptian Oil Minister’s Agenda
• Egyptian Cabinet Reshuffle: Key Positions Unchanged
• KRG Gas Ambitions Advance As Genel Consolidates Stakes
• Iran, Oman Sign Gas Export Pipeline Contracts, Eye 2018 Start-Up
• Urgency Of Peace In South Sudan Undermined By Persistent Divisions

Power & Water

• SEC/Aramco Eyes Cogen Supply For Fadhili Gas Plant
• UAE Seeks Solar Bidders As Nuclear And Coal Plans Advance

Transportation

• Middle East LNG Demand Impetus Takes Market By Surprise
• Bapco, Aramco Award Pipeline Contracts

Refining & Petrochemicals

• Iraqi Kurdistan To Shake Up Shadow Refining Sector
• Israel Refineries Maintain KRG-Fueled Near-Record Runs

OPEC

• Saudis Ease Off Export Pedal, Boosting Stocks To New High
• Saudi Official Crude & Oil Products Output, Trade & Balance (‘000 B/D)

Geopolitical Risk

• Iraqi Political Scene In Tumult Over Regional Intrigues
• Moody’s Assigns Poor Rating For Iraq Bond

Corporate

• Total Turns The Screw On Spending In New Strategy For $60/B Oil
• Kuwait Energy: Egypt Output Hits Record, Yemen Collapses
• Iran’s New Oil Investment Contract To Get First Unveiling In Tehran
• Aramco And Lanxess Bond For Elastomers JV

Economics & Finance

• IMF Calls On Kuwait To Cut Spending As Lower Oil Prices Linger
• US Pledges $400mn Aid To Jordan

Op-Ed & Documents

• Assessing The Enabling Environment For The Private Sector In Arab Gulf Economies

Selected Data

• Benchmark Crude Prices ($/B)
• After Breaching The 1mn B/D Mark For The Firs T Time Ever In July, Oman’s Oil Output Slipped To 989,000 B/D In Augus T (Mn B/D)