Issue 20

Oil & Gas

• Tunisia: Key Gas Project Faces Further Delays As Unrest Grows
• Egypt Gas Boost Cuts Import Needs, But Self-Reliance Still A Distant Goal
• Egypt’s Petchems Boosted By New Gas – But Demand Also Rising
• Egypt Oil Debts Put Brake On Investment
• Atrush Set For Start-Up
• Saudi Arabia Turns Development Focus Offshore
• Aramco Appointments
• Riyadh Refinery Maintenance Set To Conclude

Transportation

• Saudi Aramco’s Mu’ajjiz Port Development Enhances Flexibility
• Saudi Key Oil Data (‘000 B/D) : Riyadh Burning Less Oil In Q1 As More Gas Enters The Market

Refining & Petrochemicals

• Kuwait Commits To Canadian Polypropylene

Power & Water

• Saudi Electricity: Debt Write-Off Clears Way For Break-Up

OPEC

• Opec Facing Tough Choices Ahead Of Vienna Meeting
• US Shale Keeps Soaring, But Drilling Costs Rise

Geopolitical Risk

• Algeria Parliamentary Poll: Status Quo - On, And On, And On Again

Corporate

• Neptune Goes Galactic With $5bn Engie Deal
• Morocco’s Samir: Rescue Bid

Economics & Finance

• Egypt Economic Reforms Remain On Track But Long Road Ahead
• Oman Export Revenues Down, Rating Junked
• Mubadala Taps Softbank

Selected Data

• Taiwan 1Q17 Crude Imports (‘000 B/D): Brazil Makes Inroads In Opec Share
• Taiwan LNG Imports, 1Q17: Qatar Losing Market Share Despite Undercutting On Price
• Benchmark Crude Prices ($/B)
• Asian LNG Prices Weaken Despite Aussie Plant Delays ($/Mn Btu)