Issue 20

Oil & Gas

• Oman Eyes Ambitious Downstream Gas Projects With Total, Shell MOUs
• China’s Anton Oil Expands Iraq Presence As Shell Exits

Corporate

• UK Firm Gulfsands Vies To Outlast Syria Sanctions

OPEC

• US Shale Records Test Infrastructure Limits
• Oil Price Gains Prompt Debate Over Demand Slowdown

Geopolitical Risk

• Libya: What Hope For The UN’s Ambitious ‘Action Plan’?

Refining & Petrochemicals

• UAE’s Adnoc Plans $45bn Five-Year Downstream Expansion
• Algeria Advances Downstream Plans

Power & Water

• Algeria Eyes Solar To Power Oil Operations, But ‘It’s A Long-Term Job’

Economics & Finance

• Iran Fine-Tunes Its Exchange Controls Ahead Of Sanctions
• Saudi Vision Advances
• Mubadala’s SWF Acquisitions To Create Global Champions
• Qatar Boosts Earnings

Selected Data

• Benchmark Crude Prices ($/B)
• Spain Crude Imports From Mena Countries* Hit 9-Year High In Q1: Iran At Highest Since 2011, With March’s 133,200 B/D A Monthly 7-Year High. Libya Volumes At All-Time Record Levels (‘000 B/D)