Issue 17

Oil & Gas

• Kuwait Energy Reaps Reward From Iraq Investments
• KRG: Major Pullback Continues; Gazprom Success Softens The Blow
• Iraq Greenlights Halfaya Phase 3 Development

Transportation

• Chinese Crude Imports (‘000 B/D): Saudi Reclaims Q1 Top Supplier Spot From Russia But Dips To 3rd Place In March
• Japanese Crude Oil & Condensate Imports ('000 B/D): Saudi Sends Record Volumes To Japan In Q1, Boosts Share To 42%

Refining & Petrochemicals

• Sadara Polyolefins Fully Operational, Rabigh 2 Slated For 2H 2017
• Egypt Petchems Plans Advance

Power & Water

• Jordan Pushes Ahead With Oil Shale-Fired Power Plant, Lining Up More Solar
• Algiers Aims For The Sun; Is Its Head In The Clouds?
• Foreign Firms Line Up For Algeria Renewables Work
• GE And Algeria Tighten Turbine Bond

OPEC

• Services Firms See US Activity Boost, But Profits Remain Elusive

Geopolitical Risk

• Saudi Vision Dims With Benefits Climbdown

Corporate

• Abu Dhabi’s IPIC Bags $1.2bn From Malaysian Fund Settlement

Economics & Finance

• Economy Takes Center Stage Ahead Of Iran Elections

Selected Data

• China LNG Imports: Australia & Qatar Remain #1 & #2 Suppliers, Us Overtakes Nigeria Into #6
• Benchmark Crude Prices ($/B)
• China’s Top 3 Crude Suppliers (‘000 B/D): Saudi, Russia & Angola In Three-Way Fight For Top Spot