Energy

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A shift by Chinese buyers away from foreign suppliers to Mongolian coking coal, combined with increased optimism over a return of foreign investors, may offset the sharp global downturn in both demand for commodities and in coal prices, though it will be some time before the effects of any rebound are felt in the industry.

Jordan’s decision in 2012 to begin a phased withdrawal of electricity subsidies was undoubtedly a good one from the point of view of the kingdom’s public finances. 

El gobierno colombiano fijó el 19 de mayo como fecha para vender su participación mayoritaria de 57,6% en la generadora de electricidad Isagen, en una subasta que según estimaciones recaudará 5,2 trillones de pesos colombianos (USD 2,18 mil millones). 

Extensive investments in gas recovery technology look set to reduce Qatar’s carbon footprint, with newly opened facilities aiming to boost production and earnings whilst minimising wastage. 

 

How has the economic downturn affected demand for petroleum products?

Despite abundant resources, Mongolia has struggled to shore up its energy security and decrease its dependence on Russia for refined fuel and electricity. The government has made some headway in diversifying fuel imports and improving its terms of trade, while several mid-stream projects could develop domestic refined fuel production. Meanwhile, important refurbishments...

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