Issue 09

Oil & Gas

• Iraq Eyes Oil Revenue Gains And Incremental Production Growth
• Zohr On Target, Rosneft Farm-In Questioned

Transportation

• Algeria’s LNG Sales Shrink Further, Piped Gas Jumps 49%

Refining & Petrochemicals

• Aramco Pays Petronas $7bn For 50% Stake In Rapid Project
• Riyadh Refinery Shut For Clean Fuels Project Tie-In

Power & Water

• Abu Dhabi Breaks Records With Expanded Sweihan Solar PV Project
• Saudis Tout 9.5GW Of Renewables Projects

OPEC

• Asian Importers’ Opec Crude Addiction Grows
• US Exporting Record Volumes Of Crude And Products In 2017

Geopolitical Risk

• Lebanon’s Political And Economic Struggles Continue

Corporate

• IOCs Continue To Play It Safe In Libya
• Eni Executives Detained In Libya Fraud Case

Economics & Finance

• IMF Warning Over Iran’s Recovery
• QP Petchem Merger

Selected Data

• Taiwan Crude Imports 2016 (‘000 B/D)
• Crude Official Selling Prices ($/B): Saudi Lowers Asia Osps For April
• Benchmark Crude Prices ($/B)
• Russian Oil Output Cuts Stall In February, With Production Still 200,000 B/D Above Its Opec Deal Pledge*