Issue 11

Oil & Gas

• Libya Oil Gains Go Into Reverse

Transportation

• Libya’s East-West Divide Flares Up Amid Oil Port Fighting

Refining & Petrochemicals

• Korea Wins $3.2bn Iran Petchems Project; Post-Sanctions Downstream Deals Hit $15bn

Power & Water

• Abu Dhabi, Kuwait Cautiously Looks To Curb Power Demand Growth
• Kuwait Hikes Power Tariffs, But Not For Kuwaiti Homes

OPEC

• Production Curbs Help Market Inch Towards Balance
• US Ramp-Up Lays Down The Gauntlet To Opec

Geopolitical Risk

• Baghdad Close To Winning War In Mosul; Can It Win The Peace?

Corporate

• Wood Group In $2.7bn Takeover Of Amec Foster Wheeler
• Yansab Awards Ethylene Glycol EPC Contract

Economics & Finance

• Kuwait Cuts Its Borrowing Needs With Debut $8bn Bond
• Kuwait’s Equate Petchems In $500mn Debut Sukuk
• Iran Fiscal Outlook Improves As New Year Dawns
• Iran FDI: Set For Takeoff?

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Federal Iraq’s Oil Revenue Set For 30% Annual Rise In 2017