Issue 47

Refining & Petrochemicals

• Middle East To Drive Gas Growth, But Is It Sustainable?
• UAE’s Ruwais Expansion Refinery Fully Operational

Oil & Gas

• Pakistan Calls For More LNG Supplies
• Aramco Gas Contracts
• Saudi Crude Output Up But Refiners Put Squeeze On Exports

Transportation

• Taiwan LNG Imports January-September 2015

Power & Water

• Egypt Tying Up Gas-Fired Finance, Looks To Advance Renewables And Nuclear

OPEC

• Opec Market Share Policy To Bear Fruit Next Decade - But Not For All
• OPEC VS IEA SUPPLY-DEMAND BALANCE, NOVEMBER 2015 FORECASTS (MN B/D)

Geopolitical Risk

• Israel Reaches Final Hurdle Before Gas Outline Implementation

Corporate

• Egypt: IOC Receivables Fall 5% In Q3, But Still Up On End-2014
• Dana Gas Positive On UAE, Egypt, But Kurdish Receivables A Major Concern

Economics & Finance

• Lebanese Politicians Pass Essential Financial Laws
• Saudi Bonds Hit $25Bn
• Iran’s Stimulus Package Stalls For Want Of Wider Reforms
• Iran Eyes $7bn Russian Loan, Plans Sukuks

Selected Data

• Taiwan Crude Imports. Middle East Share Grows To 87% In 2015 ('000 B/D)
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Oman Oil* Output Falls To 6-Month Low In October HavIng Hit 1mn B/D For First Time In July (‘000 B/D)