Issue 04

Oil & Gas

• KRG: Key Fields Set For 2020 Gains
• Oman: Blocks 3 & 4 Finish 2019 In Style
• Lebanon’s Gas Hopes Kicked Further Down The Road

Corporate

• Oilfield Services Firms Boosted By Rising Middle East Revenues

OPEC

• Saudi Exports Fall To 9-Year Low For 2019 Despite Record China Volumes
• Suez Canal Rides Us Shale Boom With 2019 Traffic & Revenue Records
• Saudi Arabia Key Oil Data ('000 B/D): Saudi Crude And Products Exports Fell 1mn B/D Annual In 2019

Geopolitical Risk

• Iraq Approves Bid Round Contracts As BP Exits Kirkuk
• Libyan Oil Output Grinds To A Halt
• Turkey Planning More Drilling Off Southern Cyprus

Refining & Petrochemicals

• Egypt Squeezes More Out Of Its Refining Fleet

Power & Water

• Qatar Awards First Utility-Scale Solar Project
• Mena Cross-Border Power Grid Links: More Theory Than Practice
• Egypt Tests Sudan Grid Link As Saudi Plans Stall

Economics & Finance

• Jordan Budgets For Big 2020 Spend
• IMF Trims Saudi GDP

News In Brief

• Egypt Gas Back On The Rise
• Kuwait’s Parliament Approves Neutral Zone Plans
• Jordan Plans Second Refinery
• Cairo Finalizes Block Awards
• UAE’s Borouge Licenses MTBE
• Adnoc, Eni Sign Up To Carbon Capture Cooperation
• Borealis To Buy Nova Out Of US Petchems JV
• Qatar Investment Authority Goes Green?
• Poland’s PKN Orlen To Take More Saudi Oil

Selected Data

• Key Gulf To Asia Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Egypt Gas Balance (mn cfd): LNG Exports Rise To An 8-Year High 1.021bn cfd In November Despite Pricing Pressures