Issue 23

Oil & Gas

• Egypt’s Zohr Struggles With Water Breakthrough
• Egypt: Condensate Output Record As Gas Slumps
• Libya’s NOC Plans Massive Upstream Opening
• Libya Eyes 4.1bn Cfd Gas Output
• Unconventional Production: Bahrain Hopeful It Has Cracked The Code
• Gulf Drilling: Saudi & Qatar Up, Kuwait Still Stuck
• Dana Looks To Farm Down Egypt Offshore Block

Corporate

• Iraq Confirms Negotiations With American-Saudi Consortium For Akkas

OPEC

• Opec Production Rises To 12-Month High As Tapering Begins

Geopolitical Risk

• Gulfsands Bullish On Syria Return As Key Russian Investor Consolidates Position

Refining & Petrochemicals

• Bahrain Considers Seasonal LNG Exports
• Bahrain Assessing Hydrogen Options

Power & Water

• Tunisia Looks To Re-Energize Its Renewables Plans
• Kuwait Electricity Demand Hits All Time High, With More To Come

Economics & Finance

• Lebanese President Approves Fuel Loan, Looks To Iraq For Oil Shipments

News In Brief

• Suez Canal: Rebound To April Record After March Blockage
• Abu Dhabi’s Mubadala Invests In Aramco Pipelines
• Turkey Makes New Black Sea Find
• Israel Set For New Government
• Iraq Oil Revenues Hit 16 Month High

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• World’s Top LNG Exporter: US Challenges Qatar And Australia