Saudi Aramco’s recent proposed investment in Sempra Energy’s liquefied natural gas (LNG) export project in Port Arthur, Texas, is indicative of the growing power of the US in the global energy market. The surge in US oil production has already had a major impact on the Middle East: the... »
The potential for grid interconnectivity and increased cross-border electricity trading in sub-Saharan Africa is significant. In addition to boosting energy security, it would likely bring down electricity costs and enable greater amounts of renewable energy to be integrated into the power mix, while also providing widespread investment opportunities for... »
Field Marshall Khalifa Haftar’s April attack on Tripoli and the Government of National Accord has deepened the political disintegration of Libya. Foreign powers have at times violently intervened in the country and in other instances pushed for peaceful solutions. Renewed internal fighting has increased competitive pressures externally, potentially undoing... »
President Donald Trump’s Executive Order declaring a national emergency over threats from the unrestricted acquisition or use of ICT in the US on May 15, and the barring of US businesses from purchasing Huawei products and selling critical technology to the Chinese telecoms giant, are intended to protect the... »
One of the key questions facing Egypt as it emerges from a three-year IMF reform programme is how resilient it will be to any future external shocks. The country’s deal with the IMF has yielded marked improvements to many of its main macroeconomic indicators, which should provide a platform... »
Renewable energy deployment is increasingly reliant on independent power producers through power purchase agreements. Yet, off-takers are finding themselves committed to purchasing power at long-term and high prices in a dynamic market, while assuming all the risks. This is an impediment both for expanding renewables and achieving lower electricity... »
Increased private participation in Iraq’s power sector could see generating capacity triple over the next decade. However, structural reforms, not more infrastructure, are required if Iraq is to put an end to power shortages.
Oil prices should rise above the $65-$70 per barrel range they have been hovering at for the last several weeks. The markets have become comfortable with the supply side thanks to the US’ “perpetual” crude oil production machine, although roughly 2.5m barrels per day (bpd) of crude output is... »