Issue 10

Oil & Gas

• Asian LNG Imports Hit Record High In 2016; Global Supply Glut Yet To Come

Transportation

• Indian LNG Imports 2016: Qatar Still Dominant With 62% Of Total

Refining & Petrochemicals

• Aramco Agrees To Pay Shell $2.2bn In Break-Up Of US Motiva Refining JV

Power & Water

• UAE Generators Struggle To Take Their Foot Off The Gas

OPEC

• Opec Output Edges Down But Saudi Wary Of ‘Free Riders’
• IEA Warns Of Capacity Squeeze Unless Investment ‘Rebounds Sharply’

Geopolitical Risk

• KRG Factions Look To End Squabbles With Political Stitch-Up

Corporate

• KRG’s 30,000 B/D Atrush Field: Start-Up Imminent

Economics & Finance

• UK Pledges Funds For Reconstruction Of Iraq’s IS-Ravaged Areas
• Oman Raises $5bn In Bumper Bond, Kickstarts 2017 GCC Issues

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi Aramco Contract Prices For LPG Exports ($/T)
• Benchmark Crude Prices ($/B)
• Saudi (Sama) Net Foreign Assets Fall To $524bn In January, Below Sr 2TRN For First Time Since October 2011