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Issue 40

Oil & Gas

  • Iran’s New Upstream Investment Contract Gets Government Approval
  • UAE Again Reduces Gasoline Prices Following Subsidy Cuts
  • Asian Buying Of Iranian Oil Down Year On Year
  • Libya: Peace Elusive After A Year Of UN Talks

OPEC

  • OPEC, Non-OPEC Coordination Unrealistic, Says Kuwait
  • Oil Exporters To Feel Impact Of Lower Prices For Years To Come: Imf

Transportation

  • LNG Shipping Business Sailing Choppy Waters

Refining & Petrochemicals

  • Kuwait Nears Sale Of European Refinery, Targets Asian Downstream
  • Yemen’s Aden Refinery Restarts After Five Month Hiatus
  • Despite Record Gasoline Imports, Egypt’s Retail Pumps Run Dry

Selected Data

  • Egypt Official Crude & Oil Products Output & Demand (‘000 B/D)
  • US Data: Crude Production Falling, Though NGLs Show No Sign Of Decline (‘000 B/D)
  • Crude Official Selling Prices ($/B)
  • Benchmark Crude Prices ($/B)
  • Oil Prices In Euros And Roubles (OPEC Basket, June 2014 =100)

Power & Water

  • Saudi Electricity Demand To Rise 32% By 2020, Says ECRA

Geopolitical Risk

  • Rohani Hails New Chapter In Iran’s External Relations

Corporate

  • Egypt Partners Up With Kuwait Energy For First Foreign Exploration Venture
  • Beach Egypt Sale Blocked
  • Sabic Links Up With 40 Firms In Tech Initiative

Economics & Finance

  • Qatar Planning $35Bn US Investments
  • Iraqi Kurdistan Eyes New Oil Deal With Baghdad
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