Issue 26

Oil & Gas

• QP Ousts Maersk At Key Qatari Oil Field Amid Sectoral Revamp
• Algeria: No Cash, Investment Slashed… Output To Soar. Come Again?
• Algeria Seeks Schedule Discipline For New Refineries, Hints At Outside Equity Need

Transportation

• Iran Hits The Med As Market Share Battle With Saudi Intensifies

Refining & Petrochemicals

• Aramco, Sabic Sign Agreement To Study $30bn Oil-To-Chemicals Complex

Power & Water

• Dubai Sets New PV Cost Benchmark In 800MW Phase Three Of Solar Park

OPEC

• Opec Revenues Set To Fall Further In 2016

Geopolitical Risk

• Hizbollah Funding Could Jeopardize Iran’s Access To Financial Markets
• Iraq: Supreme Court Backlash Leaves Abadi Unable To Capitalize On Fallujah Victory
• Jordan-Anbar Border Crossing An Economic Lifeline

Corporate

• Egypt Boosts Offshore Gas In Bid To Turn Around Output Slump

Economics & Finance

• Oman’s PDO Bags $4bn Loan To Facilitate Bumper $20bn Upstream Plans
• Jordan Aid Down, IMF Boost

Selected Data

• Qatar: Key Oil Data ('000 B/D): Output Steadies In Recent Months But Down 100,000 B/D On 2012
• Italy Crude Imports ('000 B/D): Iraq Has Held Top Spot Since 2015
• Benchmark Crude Prices ($/B)
• Russia Overtakes Saudi As Top Crude Supplier To China (‘000 B/D)... As China Overtakes The US As World’s Top Importer (Mn B/D)