Issue 21

Oil & Gas

• Iraq’s Upstream Expansion Plans Recede Over The Horizon
• Egypt’s Debts To IOCs Soar Above $5bn
• Oman Oil Revenues Sink
• Leviathan Advances

Transportation

• Algeria Plans For Lower Revenue By Slashing Upstream Investment
• Tunisia Bags $2.9bn Loan
• Taiwan 1Q16 Lng Imports: Qatar Cements Top Spot With Record 53% Share

Refining & Petrochemicals

• Aramco Asian Downstream Expansion Picks Up Pace In Indonesia
• Korea/Saudi/Kuwait petchem JV

Power & Water

• Egypt’s $25bn Russian Nuclear Loan Raises Questions Of Economics And Transparency
• Egypt’s Finances Are Ever-More Stretched

OPEC

• Saudi Asian Market Share Under Threat: Mees Data Analysis

Geopolitical Risk

• Iraqi PM Abadi Attempts To Claw Back Credibility With Fallujah Onslaught

Corporate

• GE Backs Saudi Vision 2030 In $3bn Investment Program With SAIIC
• Siemens Rolls Out First ‘Made In Ksa’ Gas Turbine

Economics & Finance

• IMF $5.4bn Loan To Iraq Offers Relief For IOCs
• Will Stalled Wage Reforms Impact IMF Deal?
• KRG Hit By Economic Strains And Falling Output At Key Field
• IMF On Saudi Reforms: Nice Plan, Let’s See The Action
• Iran’s 2016-17 Budget Cuts Cash Subsidies As Deficit Looms

Op-Ed & Documents

• G7 Summit: An Opportunity For Decarbonization

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• With Crude Hitting $50/B For The First Time In 6 Months, Will This Lead Us Drilling* To Rebound From Record Lows?