Issue 22

Oil & Gas

• Egypt’s Med Gas Output Collapse: Can Even Zohr Make Up The Losses?
• Zohr Number-Crunching
• Jordan Looks To Join Underused GCC Power Grid
• KRG Scrabbles To Pay IOCs Amid Strain Of Prepayment Obligations
• Eni Advances Libya Gas Plans Amid Short-Term Cuts
• Iraqi Monthly Export Revenues Up 50% From February’s Seven-Year-Low But Less Than Half 2014 Levels

Transportation

• Algerian Gas Exports Face Rollercoaster Ride In Core Italian Market
• In Amenas Output Slump Ahead Of ‘Imminent’ Train 3 Restart
• Japanese LNG Imports, January-April 2016: Australia Consolidates Top Spot As Qatar Takings Collapse

Refining & Petrochemicals

• Aramco Looks To Build On Record Output With ‘New Era’ Of Integration
• Aramco Steps Up Petchems Challenge To Sabic
• Sabic In Chinese Coal-To-Liquids Investment

Power & Water

• International Investors Size Up Ambitious Egypt Wind And Solar Program

OPEC

• Opec: Fit For Purpose? What Purpose Is That Exactly?
• Latest Us Output Figures And Projections

Geopolitical Risk

• Anti-Hizbollah Banking Sanctions Tear At Lebanon’s Political Fabric

Corporate

• Aramco Sees Gas As Central To Economic Transformation
• KNPC Clean Fuels Loan

Economics & Finance

• Qatar Surprises Markets With $9bn Jumbo Bond
• Egypt Plans Further Cuts To Subsidy Spending

Selected Data

• Benchmark Crude Prices ($/B)
• Has Russian Output Peaked?: April’s 10.84mn B/D Is Down 60,000 B/D From March’s Record Levels, But Still Up 130,000 B/D On A Year Earlier