Issue 15

Oil & Gas

• Israel: Lots Of Gas But Where’s The Market?
• Gas Ousting Coal
• Israel Pushes For Domestic Gas Competition
• Morocco LNG Project Delayed, Future Gas Supply Strategy In Doubt

Transportation

• Oman LNG Records Rare Output Rise, But Revenue Falls Regardless

Refining & Petrochemicals

• Oman, Kuwait Sign Multi-Billion Refinery Deal

Power & Water

• Saudi Renewables Program Targeting 9.5GW By 2030

OPEC

• Record US Oil Trade Belies Protectionist Rhetoric

Geopolitical Risk

• Libya Oil Output Drops Below 500,000 b/d

Corporate

• BP Poised For Strong Year In Mena
• Moroccan Solar Shines As Costs Tumble

Economics & Finance

• Shifting Sands: Saudi Arabia’s PIF’s Changing Strategy

Selected Data

• Crude Official Selling Prices ($/B) Saudi Cuts May Light Crude Prices To Asia
• Benchmark Crude Prices ($/B)
• Asian LNG Prices ($/Mn Btu): Japan Spot Prices Fall From 2-Year High With End Of Winter Buying