Issue 13

Oil & Gas

• Abu Dhabi Concludes Debut Bid Round With Indian Award
• Iran Oil Trade Hits 1.4mn b/d: Downhill From Here?

Corporate

• Aramco’s $69.1bn Sabic Takeover Refuels PIF Ambitions
• Oman Eyes $3.85bn Sri Lanka Refinery Project

OPEC

• 2018 US Crude Exports Double; New Monthly High In Jan

Refining & Petrochemicals

• GCC Downstream Giants Eye Revolutionary Plastics Technology

Power & Water

• Egypt Solar Capacity To Soar In 2019 With Benban Boom

Geopolitical Risk

• Israeli-Arab Relations Under The Spotlight As Leviathan Start-Up Nears
• Senior UAE Official Calls For Israeli Dialogue

Economics & Finance

• Libya’s 2019 Budget: Fact or Fiction?

News In Brief

• Dubai: $4bn Solar Finance
• Saudi Eyes 2.6gw Solar Mecca
• Fitch Upgrades Egypt…
• …Keeps Israel Steady
• Libya/Eni Big Up Gas Plans
• Qatar Establishing Shariah-Complaint Energy Bank
• Algeria: Walls Close In On Bouteflika
• Saudi China Volumes Surge
• Saudi Reserves* Fall To Near-8 Year Low Of $485bn At End-Feb ($Bn)
• Iran Erects Trade Mechanism
• Saudi Eyes Tankers For LNG Trading Boost
• Tunisia Cuts Interest Rate, Delays Loan Payments

Selected Data

• Benchmark Crude Prices ($/B)
• US Crude Exports: