Issue 19

Oil & Gas

• Lebanon Bidding Risks Stalling Amid Major Pullback
• BP’s WND Starts Up
• Oil Firms Experience Mixed Start To 2017 In Iraqi Kurdistan

Transportation

• Iraqi Coffers Reap Reward Of Higher Oil Prices
• Qatar Vs Australia: LNG Supplies To ‘Big 3’ East Asian Importers (Mn T)
• Germany Q1 Crude Imports: Libya Boost Raises Opec Share

Refining & Petrochemicals

• Pearl GTL: Shell Bullish But Gasifier Worries Linger
• Jordan: Zarqa Expansion
• Oil Price Rebound Boosts Saudi Petchems Sector, Sabic Touts Restructuring Benefit

Power & Water

• UAE Finishes Building First Nuclear Plant, But Start-Up Delayed To 2018

OPEC

• US Forecasts Up Again But Firms Wary Of Rising Costs
• April Rig Count: Algeria Drilling Hits 34-Year High, Qatar Equals Record

Geopolitical Risk

• Wintershall Dispute Takes Gloss Off Libya Production Peak

Corporate

• Company Profile: Dubai’s Enoc Focuses On Chasing Jet Barrels

Economics & Finance

• Libya Wins $1bn From SocGen, But Cases Highlight Shambolic Economic Governance
• Libya Investment Authority: A History Of Legal Wrangles
• Gulf Banking Ripe For Takeover Spree
• Saudi Revenues Double In Q1

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi Aramco Contract Prices For Lpg Exports ($/T)
• Benchmark Crude Prices ($/B)
• Egypt Gas Output (Mn Cfd): Post Revolution Collapse, And Nascent Rebound. Output Hits 2-Yr High Of 4.44bn Cfd In March With More To Come (See P3). Med Share (38% For Q1) Has Halved Over The Past 5 Years