Issue 41

Oil & Gas

• Kuwait Gets Light Oil, Gas Boost Despite More Political Turbulence
• Kufpec Hit From Bongkot Sale Collapse Overshadows LNG Start-Up
• Egypt Gas Output Set To Hit 5-Year High By Year-End
• Iran Caspian Swap Shop
• Libya Gives Up On Output Target Amid $126bn Losses But Hopeful On Exploration
• Tobruk Power Redux

Transportation

• Mideast Drilling Stays Firm, Recovery Elsewhere Will Have To Wait

Refining & Petrochemicals

• Aramco Targets Indian Refinery JV End-2018 In Major Investment Push

Power & Water

• Saudi Signs Nuclear Deal With Russia But Continues To Play The Field

OPEC

• Opec Members Set For Major Revenue Boost Despite Slow Rebalancing

Geopolitical Risk

• KRG: Russian Oil Firms Ensure Kremlin’s Tacit Support

Corporate

• Aramco IPO: Is 2018 Deadline Doomed?

Economics & Finance

• IMF On Saudi: Reform Needed But Not Too Fast
• Algeria Reverses 2017 Austerity In Free-Spending 2018 Budget
• US Lifts Sudan Sanctions
• Mena Top 3 For 2017-22 ‘New Renewables’ Growth*

Selected Data

• Crude Official Selling Prices ($/B)
• Iraq Hikes Basra Light To Five-And-A-Half-Year Premium To Saudi Arab Medium* ($/B OSPs, Asia-Pacific Delivery)
• Benchmark Crude Prices ($/B)