Issue 52

Oil & Gas

• KRG & Iraq Oil Sectors Face Major Challenges in 2021
• Can Cyprus Reboot Offshore Drilling Plans?
• Libya Dusts Off $60bn Of Projects: Could This Be Its Last Chance?
• Eni Makes Egypt Western Desert Addition

Corporate

• Eni, PTTEP Consortium Wins Huge Abu Dhabi Offshore Block

OPEC

• Opec Aims For More Stable 2021

Geopolitical Risk

• Lebanon: No Resolution To Meltdown Heading Into 2021

Refining & Petrochemicals

• Gulf Refiners Eye Record 2021 Capacity Boost With Completion Of Delayed Mega-Projects

Power & Water

• GCC Electricity: Looking Ahead To A Smoother 2021
• Taqa Drives Down Record Low Solar Tariff At Al Dhafra
• Saudi Desalination: Acconia Targets 2023 Completion With $384mn Shoaiba Award

Economics & Finance

• Kuwait’s Economy: Major Surgery Needed

News In Brief

• Brooge Pushes Back Fujairah Storage Expansion
• Iraq 2021 Budget: Record Deficit
• KRG: Pearl Restarts Gas Expansion
• US Rig Count Edges Higher
• US Mideast Crude Imports Fall To New 35-Year Lows

Selected Data

• Benchmark Crude Prices ($/B)
• India Crude Imports: Long Covid