Extensive oil shale reserves could reduce Mongolia’s dependence on imported energy, but there is some uncertainty over whether its deposits are commercially viable.
Energy
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The sultanate’s economy continues to enjoy the benefits of petroleum wealth, which has provided budget surpluses in most years and served as a backbone for growth. However, planning is well under way for an era in which oil will not be the main economic driver, with the twin goals of diversification and creating an increased number of private sector jobs at the top of the government’s current agenda.
Economic update | En Côte d’Ivoire, une nouvelle législation synonyme de changement pour le secteur minier
9 Jan 2014
Les projets de modernisation du secteur minier ivoirien et de hausse de la contribution de ce dernier à la croissance économique du pays ont franchi une étape capitale début décembre avec l’annonce de la réforme de la législation qui régissait le secteur.
Articles & Analysis | Keeping pace with demand: New natural gas projects promise to secure domestic supply from The Report: Oman 2014
As of the end of 2012, Oman had 12.18tn cubic feet (tcf) of proven gas reserves and expected reserves of 17.82 tcf, according to the Ministry of Oil and Gas. Thanks to ongoing exploration efforts, new discoveries mean that the country’s proven reserves have not depleted over the past decade, despite growing consumption – they stood at 31.8 tcf...
Articles & Analysis | Fuelling the economy: The sultanate’s oil and gas industry continues to play a central role from The Report: Oman 2014
For decades the energy sector has acted as the key driver of Oman’s economy and it continues to take centre stage in the sultanate’s development. A major magnet for foreign investment, and home to a range of growing domestic players, the sector looks set to continue attracting attention as Oman aims to accelerate growth and meet rising domestic...
Articles & Analysis | From Oman to the world: Hydrocarbons form the vast majority of the sultanate’s exports from The Report: Oman 2014
Exports of crude oil and natural gas continue to play a central role in the sultanate’s economy. Oil exports grew in 2012 and 2013, boosting national revenues at an important time, with the country pulling out of an economic slowdown and preparing a wide-ranging infrastructure investment programme.