Issue 18

Oil & Gas

• Oil Boost Raises Hopes In Libya, Perhaps Falsely
• Libya’s Gas Exports To Italy Rebound On Back Of Wafa Resumption
• Algeria: In Amenas Compression Boosts Gas Exports To Highest Since 2012
• Kuwait Eyes New Crude Outlet Within Six Months

Transportation

• Asian LNG Imports Soar In Q1; Qatar, Australia Vie For Market Share

Refining & Petrochemicals

• Iran: Condi Splitter Launch Promises Gasoline Self-Sufficiency – But When?

Power & Water

• Mena Renewables: Capacity Growing But At Half The Global Pace

OPEC

• OPEC, Will It Have To Cut Deeper For Longer?
• US Oil Output Hits Record 14mn B/D In April

Geopolitical Risk

• South Sudan Looks Beyond Total For Block B
• Tunisia Gas Slump

Corporate

• KRG: Dno Presses Accelerator At Tawke Field
• Taq Taq Sinks Below 20,000 B/D

Economics & Finance

• Algeria Charts New Economic Direction. Is It Battling Against The Tide?
• Saudi Looks To Refocus Vision Reforms
• Jordan Touts $500m Bond

Selected Data

• Japanese Lng Imports 1q17: Record Volumes As Qatar Slip Further Away From Top Two Australia & Malaysia
• Benchmark Crude Prices ($/B)
• Chinese Crude Imports From Opec: Volumes Hit Record 4.7mn B/D In Q1 But Market Share Has Fallen To 55%