Issue 07

Oil & Gas

• East Mediterranean Gas Faces Crucial 2016
• Skint, Petroceltic Sells Egypt Blocks
• Algeria: 3 Bcm Gas Boost From In Salah Expansion
• Oman And BP To Expand $16bn Khazzan Gas Project
• Adnoc Head Replaced As Abu Dhabi Eyes Output Rise
• GKP In KRG Cash Boost

Transportation

• Italy Doubles Gas Imports From Algeria As Time Out Ends Amid Skikda Shut-Down

Refining & Petrochemicals

• Saudi Arabia Official Crude & Oil Products Output, Trade & Balance (‘000 B/D)

Power & Water

• Gulf Countries Burn Record Crude Volumes In 2015 (‘000 B/D)
• Iraq’s Gross Gas Output Hits New Record In December, But So Does Flaring (Mn Cfd)

OPEC

• ‘Freeze’ Discussions Provide Cautious Relief To Oil Markets

Geopolitical Risk

• KRG Looks To Call Abadi’s Bluff On Salary Gambit
• Libyan Unity Still Distant As Oil Trading Disputes Fester And IS Power Grows
• Tunisia Bags EU, IMF Cash But Oil & Gas Output At Record Lows

Corporate

• Dana Gas Profits Boosted By Arbitration Settlement
• Dana Looks To Egypt Uptick In 2016

Economics & Finance

• S&P Downgrades GCC Ratings On Back Of Tumbling Oil Prices
• Iran Sets Out FDI Strategy As Foreign Cash Starts To Trickle In

Op-Ed & Documents

• Saudi ‘Dumping’ Has Cannibalized Opec Revenue For Minor Long-Term Gains

Selected Data

• Benchmark Crude Prices ($/B)
• US Crude Output - Lower For Longer?: EIA Forecasts (Mn B/D By Date Of Forecast)