Ghana has developed a reputation as a robust and stable democracy, and with a storied legacy of pan-African initiatives it has long punched above its weight diplomatically. While the recent oil boom following the discovery of the offshore Jubilee field in 2007 has helped to fuel GDP growth as much as 14% over recent years, it is now projected to slow to a more modest 4.5% in 2014.
One of the biggest challenges facing Jordan is keeping up with the rapidly increasing demand for energy, as it continues to grow economically. Energy demand over the past four years increased rapidly after the population grew by an enormous 20% due to the Syrian refugee influx. Sabotage attacks in Egypt halted Egyptian gas supplies to Jordan,...
What is your vision for the energy sector, and, two years on, what has been the impact of the Renewable Energy and Energy Efficiency Law?
While Jordan has few oil and gas resources of its own, it does have an abundance of several key natural resources that can potentially be used to produce energy. One of these is oil shale, the sedimentary rock that underlies around two-thirds of the kingdom’s territory – giving Jordan one of the largest deposits of this material anywhere in the world. Oil shale can be...
Unlike its neighbours, Jordan has never had a large oil and gas sector. While Iraq and Saudi Arabia have major hydrocarbons industries, the fields on which these are based seem to barely touch the kingdom, with Jordan thus in the unenviable position of having to import almost all of its oil and gas needs. Yet while small, Jordan’s oil and gas sector still makes a vital...
A strong performance from the non-hydrocarbons sector of Trinidad and Tobago’s economy has put it on course for steady growth in 2014 and beyond, despite concerns over international oil prices and the prospect of a general election next year.
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