Energy

A range of gas exploration tenders should bring Egypt billions of dollars in investment this year and help the country meet its pressing long-term energy needs.

A drive is gathering pace in Brunei Darussalam to increase regional cooperation on energy provision as part of a broader bid by Asia’s oil producers to meet rising demand from nearby fast-growing economies.

Au terme d’un processus de révision qui a duré un an, les amendements apportés au code des hydrocarbures en Algérie ont été publiés en février 2013, offrant de nouveaux avantages aux investisseurs étrangers.

Kuwait has announced it is conducting studies into the viability of extracting shale gas from recently identified reserves, although any commercial operation will likely be many years off.

With solar and biowaste power plants already under development, Brunei Darussalam has demonstrated its willingness to meet the renewable energy goals set by the ASEAN community. A recent agreement with the US could provide an extra boost to these efforts and encourage investors.

Meeting energy demand and expanding electricity distribution networks will be among the greatest challenges for the Myanmar government over the coming years, as the country strives to keep the promises it made to citizens and the international community. With rich sources of hydroelectric power and new gas and oil blocks being tendered in 2013, there is indeed potential for growth.