With demand for power estimated to grow around 7.5% per year until 2016 and maintaining annual averages of 5.6% in the following 10 years, managing the balance between demand and supply is a key concern for Panama. In other utility segments, such as water, rising consumption levels are exposing decades-long underinvestment in infrastructure networks. As a result, ambitious investment plans – from...
Energy
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Chapter | Energy & Utilities from The Report: Panama 2014
Following its successful chairmanship of ASEAN in 2013, Brunei Darussalam will look to continue its role as a regional leader in areas ranging from defence to commerce. The increased focus on diversification and the growth of several industries bode well for the economy, and the coming years are expected to see Brunei Darussalam further bolster its position within ASEAN and the international economy.
The “Golden Land”, officially known as the Republic of the Union of Myanmar and formerly as Burma, has undergone dramatic reforms in recent years under the administration of President U Thein Sein. The rapid transition from a military junta to an open economy has surprised the global community and will see Myanmar assume the ASEAN chair for the first time in 2014.
The presence of rubies, jade and other precious gems has been noted for centuries by locals, early Western explorers and colonial powers. Myanmar has an abundance of gold, silver, platinum, tin, tungsten, zinc, copper and gemstones. Yet very little of this has been exploited. One challenge to exploration and production is information. Only about half of the country has been mapped, pre-...
The energy sector is the great, untapped potential on which much of Myanmar’s hopes are pinned. One of the world’s first oil producers, Myanmar is emerging in the 21st century as a key producer of natural gas. The country’s vast rivers are also well suited to hydroelectric dams. The lion’s share of sector investment has been aimed at the export market as low electric tariffs and an inefficient...
The hydrocarbons sector accounts for about 80% of all government revenues in the UAE. However, the sector’s GDP share varies substantially, from over 50% in Abu Dhabi to less than 6% in Dubai. Given its modest hydrocarbons endowment, Dubai continues to import most of its energy feedstock. The emirate is working to diversify its energy mix on both the supply and demand side. With 70% of...