Issue 08

Oil & Gas

• Iraq Looks To Turkey For Support Up North
• Abu Dhabi Awards Offshore Stake To State-Owned Firm Cepsa

Transportation

• Egypt Gas Hub Plans: Goal Or Own Goal?
• Taiwan 2017 Crude Imports ('000 B/D): UAE Volumes Up 70% Year-On-Year, Iran Down 15%

Power & Water

• Gulf Crude Burn: Saudi, Iraq Turn To Gas To Curb Sky High Crude Burn Rates

Refining & Petrochemicals

• Oman Gets Long Awaited Output Boost From Sohar Refinery

OPEC

• US Poised To Compete With Saudi Arabia As World’s Largest Oil Exporter

Geopolitical Risk

• Libya Warns Of Potential Major Output Fall Amid Strained Economy

Corporate

• Legal Action Against Fuel Smuggling
• DNO Balances Kurdistan Investment With Norway Exploration

Economics & Finance

• Egypt Economy On Track But Long Road Ahead
• Iran Scrambles To Stop Rial Depreciation, Risks Boosting Inflation

Selected Data

• Taiwan 2017 LNG Imports: Qatar Volumes Down 16%, Share Down 11% With Australia The Big Gainer
• Benchmark Crude Prices ($/B)
• Taiwan LNG Imports (Mn T)