Issue 02

Oil & Gas

• Qatar Inks Major LNG Contract With Kuwait
• Qatar Firms Up LNG Markets
• Kuwait Parliament Debates Neutral Zone Deal
• Aramco, Sempra Boost US LNG

Corporate

• Sabic Completes Fertilizers Shares Deal, Plans Three Subsidiary Closures

OPEC

• Opec Responds To Turbulent Start To 2020
• Taiwan Makes Slow Progress In Cutting Gulf Crude Dependence
• Global LNG: China Challenges Japan As Top Importer

Geopolitical Risk

• Gulf States Call For De-Escalation Of Regional Tensions

Power & Water

• Gulf PV Tenders Exceed 7GW As Solar Momentum Grows

Refining & Petrochemicals

• Algeria Finally Advances Major Refinery Project

Economics & Finance

• Algeria: President Vows To Tackle Bureaucracy As New Oil Law Enters Force

News In Brief

• Egypt: BP’s Raven Delayed
• Medco Selling Key Libya Project
• Tunisia Gas Output At Record Lows
• Oxy Kicks Off Abu Dhabi Drilling
• Israel Accelerates Coal To Gas Shift
• Oman Oil Output Averages 971,000 b/d For 2019
• Satorp: 6-Week CDU Shutdown
• Kuwait Canada Petchems: $2bn EPC Award
• US LNG Exports Hit New Record
• Taqa Completes $3.5bn Refinancing

Selected Data

• Crude Official Selling Prices ($/B): Saudis Slash Light Grade Prices To Asia But Raise Heavier Arab Medium And Arab Heavy Grades
• Taiwan 2019 LNG Imports: Australian Volumes Rise 75% Year On Year, Closing In On Top Supplier Qatar
• Benchmark Crude Prices ($/B)
• Key Asian Importers’ Reliance On Middle East Crude