Issue 38

Oil & Gas

• Abu Dhabi Ramps Up Offshore Drilling But Targets Remain Elusive
• Egypt’s Gas Output: Has It Turned A Corner?

Transportation

• South Sudan Crude Output Plumbs New Lows

Refining & Petrochemicals

• Dubai’s Enoc Advances Jebel Ali Expansion As IPIC’s Fujairah Plan Slips Off The Radar

Power & Water

• Abu Dhabi Looks To Break Dubai’s Solar Cost Record
• Egypt Sets Tight Deadline On Renewables Tariffs

OPEC

• Saudi ‘Low Cost’ Market Share Policy Remains Unfinished Business
• Libya Output Jump On Export Restart
• Aramco Output Policy Under Scrutiny Ahead Of Algiers

Geopolitical Risk

• Iraqi Finance Minister Sacked, Deepening Political, Financial Crisis
• Middle East Pays The Price Of Chronic Instability

Corporate

• Tunisia: Output Slides, Firms Look For The Door Amid Instability

Economics & Finance

• Islamic Finance: A Young Industry Put To The Test
• SEC Secures $1.3bn Sukuk
• Qatar Taps Debt Market
• Kuwait Subsidies Row Hampers Efforts To Cut Record Deficit
• Egypt Struggles To Raise Money For Imf ‘Bilateral Financing’

Op-Ed & Documents

• Oil Data: Is It Becoming More Reliable?

Selected Data

• Saudi Arabia Key Oil Data (‘000 B/D)
• Crude Official Selling Prices ($/B)
• Saudi Aramco Contract Prices For Lpg Exports ($/T)
• Benchmark Crude Prices ($/B)
• Iraq Crude Output Overtakes Declining China To Become World’s #4 Producer Behind Saudi, The Us & Russia (Mn B/D)