Issue 42

Oil & Gas

• Zueitina Restart Small Sign Of Hope For Libya’s Oil Prospects
• Iran Targeting $150Bn Oil & Gas Investment By 2020
• Sudan Looks To Boost Output
• Double Or Quits Time For Moroccan Deepwater Exploration
• Morocco’s Onshore Gas Output: Modest But Rising

Transportation

• Morocco’s LNG Plans Pose More Questions Than Answers
• Egypt Keeps-Up LNG Import Momentum With 55-Cargo Award
• Suez Canal: Saudi Diesel Boosts Northbound Volumes

Refining & Petrochemicals

• Kuwait Signs $13bn Refinery Contracts, Pledges Continued Oil Investment

Power & Water

• Qatar Power Demand Tops 7GW; QEWC Advances 2.5GW Plant

OPEC

• Global Supply Overhang May Last Till 2017; OPEC Output Largely To Blame
• No End In Sight To Record Saudi Drilling

Geopolitical Risk

• Iraq Progresses With Giant Gas-Fired Plant, But Where’s The Fuel?
• Dubai Advances Coal Projects

Corporate

• Sabic Reorganizes Plastics Business To Highlight Specialties
• Keystone Keeps Wolf From The Door With New KRG Payment

Economics & Finance

• Egypt: Desperately Seeking Finance
• Iraqi Cash Shortage Deepens As Bond Issue Pulled
• Riyadh Eyes $4bn Local Currency Bonds

Selected Data

• Suez Canal Traffic (‘000t)
• South Korean Crude Oil & Condensate Imports, ‘000 B/D
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Global Growth Forecasts Revised Down Again - IMF (% Change On Year Earlier)