Issue 03

Oil & Gas

• Adnoc Gets 2019 Off To A Fast Start With Eni-PTTEP Tie-Up
• Oman: Oil Revenues Rebound Despite Slide In Exports

Corporate

• Eni Completes Middle East Tour De Force
• Qatar Cements Korea LNG Top Spot
• Oman: Bp & Eni Look To Repeat Khazzan Success

OPEC

• IEA Points To Marathon Task Of Rebalancing Market

Geopolitical Risk

• KRG Poised For Another Bumper Oil Year In 2019

Refining & Petrochemicals

• Aramco’s Sabic Takeover: Are Assets Compatible?

Power & Water

• Saudi Revamps Ambitious Renewables Plans As Wind Farm Awarded
• Saudi Wind Award
• Tunisia: 120MW Wind awards

Economics & Finance

• Sanctions-Hit Iran Slashes Spending Plans For 2019-20

News In Brief

• UAE Plans 7GW Power Tenders
• Iran: Gasoline Output Boost
• Jordan-Egypt Gas Deal
• Strikes Bring Tunisia To A Halt
• Lebanon Restricts Dollar Trade
• Poland’s Pgnig Enters RAK
• Iran Gives State Firm Slice Of Kish
• Libya’s LNA Sends Troops South
• Glencore Loses Libyan Crude Rights
• Russia-Saudi Joint Investment To Rise
• Crude Official Selling Prices ($/B): Iraq Cuts Basra Light By 10¢/B Versus Saudi Arab Medium

Selected Data

• Crude Official Selling Prices ($/B): Continued
• South Korea 2018 LNG Imports: Qatar Cements Top Supplier Position, US Jumps To #3
• Benchmark Crude Prices ($/B)
• Asian LNG Prices Peaked At $10-11/Mn Btu Ahead Of Winter But Have Since Eased As New Australian, Russian Projects Ramp Up, Whilst Unseasonally-Mild Weather Caps Demand With Key Spot Buyer China ($/Mn Btu)