Issue 44

Oil & Gas

• BP, Eni Race For First Gas From Egypt Acreage
• IEA Chief Warns Against Aggressive Capex Cuts
• Oman Oil Unions Threaten Strike Action
• Kuwait Oil Revenue Hit By Double Whammy Of Prices, Neutral Zone Outage
• Dow To Raise $3bn From Cutting Kuwait Petchem Stakes
• South Sudan Mortgages Future Oil Output

Transportation

• Qatar Out To Woo LNG Customers In Face Of Increased Competition

Refining & Petrochemicals

• Orpic Lines Up Liwa Plastics Contracts, But Costs Rise
• Sudan Plans 100kbd Hike

Power & Water

• Saudi Arabia Subsidy Cuts On The Way?
• Jordan’s Power Strain

OPEC

• Saudi Fights To Keep Asian Market Share
• Iran Oil Sales: Calm Before The Storm?

Geopolitical Risk

• Syrian Oil Output Shrinks Further; Is An Endgame In Sight?

Corporate

• Occidental To Focus On ‘Core’ MENA Assets

Economics & Finance

• UAE Cuts Federal Budget By 4% For 2016
• Global SWF Rankings ($Bn): Sama Shrinks; Kuwait And Qatar Funds Grow
• Iraq: Salaries Reform Backfires On Government
• Oman Debut Sukuk

Selected Data

• Benchmark Crude Prices ($/B)
• World Bank’s 2016 ‘Ease Of Doing Business’: UAE Tops Mena Rankings, Saudi On The Slide