Issue 24

Oil & Gas

• Algeria: New Energy Minister Faces Revenue Meltdown, Political Uncertainty
• Bahrain Eyes Sitra Bids
• Will The ‘Golden Age Of Gas’ Ever Arrive?
• Iran: Gas Plans Progress But Exports A Distant Prospect

Transportation

• LNG Supply Glut To Depress Prices For Years To Come

Refining & Petrochemicals

• Iran Sets Out Plans For 75% Refining Capacity Hike

Power & Water

• Oman Targets Up To 2GW Of New Post-2020 Capacity
• Aramco With First Saudi Wind Turbine

OPEC

• IEA: Oil Market To Rebalance In Second Half Of 2016, But Only Temporarily

Geopolitical Risk

• Iraq’s Kirkuk: Key Northern Oil Province Has Little Chance Of Achieving Autonomy

Corporate

• Iran: New NIOC Chief Tasked With Securing Foreign Investment

Economics & Finance

• Egypt Gas: ‘Remarkable Turnaround,’But Not Quite Yet
• Egypt Revisits IMF Loan As Gulf Aid Slows
• US Anti-Hizbollah Sanctions Law Haunts Lebanon’s Banking Sector
• Bonds Away: GCC Countries Tap Markets For $3.5bn As Saudi Waits In Wings
• Taqa Issues $1bn Of Bonds To Refinance Debt

Selected Data

• Benchmark Crude Prices ($/B)
• Egypt Gas Output Projections (Bcm): IEA Revises Down Near-Term Slump, But Not By Enough