Issue 10

Oil & Gas

• Tunisia’s Nawara Gas Project: Too Little Too Late?
• Iran’s South Pars Gas Development Edges Forward
• Libya: Sharara Returns

Corporate

• Egypt Oil Output To Fall As Key Producer Apache Slashes Investment
• KRG-Pearl Reach 20yr Gas Sales Deal

OPEC

• OPEC Output Slumps To Four Year Low

Geopolitical Risk

• Algeria’s Regime Under Threat
• Can Iraqi Kurdistan’s Bickering Factions Grasp Key Opportunities?

Refining & Petrochemicals

• Kuwait Eyes Revenue Boost From Clean Fuels Upgrade

Power & Water

• Dubai’s Dewa Eyes Big Addition To Solar Program
• Iraq: Mission Impossible

Economics & Finance

• Iran To Merge Armed Forces Banks As Economic Crisis Worsens
• Egypt Launches ‘Wealth Fund’, Awaits Wealth

News In Brief

• Qatar Repeats With $12bn Bond Issuance
• Jordan Eyes $1.9bn W Bank Cash
• Lebanon: New Government, Negative Outlook?
• Oman: Junk Rating
• Kuwait Energy Takeover Presses On
• Saudi PP Alujain Rehab Award
• ACWA Borrowing For Saudi Desalination
• Saudi Arabia To Step Up Red Sea Gas Search
• Mauritania's Tortue: Key EPC Contracts
• Gulf Crude Exports To Korea On The Rise

Selected Data

• Crude Official Selling Prices ($/B): Saudis Raise Key Saudi Arab Medium Grade To Asia To More Than 5-Year High Amid Tightening Market For Heavier Grades
• Benchmark Crude Prices ($/B)
• Egypt Gas Balance (Mn Cfd): Exports Hit 5-Year High Of 645mn Cfd In December. With Key Offshore Field Zohr Slated To Hit 3.2bn Cfd Capacity Later This Year There Should Be More Gains To Come