Major investments are underway in Bahrain to reinforce the electricity grid and broaden distribution as the kingdom tries to keep up with increasing demand for power.
Energy
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Plans to revive a stalled renewable energy deal between Brunei Darussalam and neighbouring Sarawak that would see hydropower exported from the Malaysian state to the Sultanate have thrown a focus on its efforts to increase renewable energy sources.
Despite the turmoil in global energy markets, Saudi Arabia moved towards the end of 2014 with its economy having outperformed many in the region.
Economic update | Nigeria targets gas production
18 Dec 2014
Nigeria is looking to improve and expand the supply of gas used by its power sector, as part of a comprehensive overhaul of electricity generation.
Egypt has been making impressive progress in straightening up its balance sheet in recent months. Steep cuts in energy subsidies coupled with a drop in world oil prices have given the Middle East’s most populous country some fiscal breathing space, following three years of increasing budget deficits, mounting debt and reduced foreign currency reserves.
A major contract has been awarded in Trinidad & Tobago, which will act as a roadmap for the exploitation of gas reserves in deeper waters and boost output over the next 10 years. The award comes amid concern that existing reserves are dwindling and government revenue from its key export commodity is declining.