Jordan does not hold significant reserves of crude oil and natural gas, and has historically imported the majority of its energy. This has been especially disadvantageous in recent years, as regional volatility has affected gas supplies from Egypt and scuttled a planned pipeline to Iraq, while high oil prices had until recently resulted in the...
With Jordan importing an estimated 97% of its energy needs, costing up to 40% of its annual budget in recent years, development of renewable energy has become a top priority for the kingdom, particularly wind and solar power, with Jordan’s dry, sunny climate and windswept northern and eastern regions offering the perfect locale for wind...
As Jordan has historically imported the majority of its energy needs, the drop in global oil prices between mid-2014 and early 2015 will have a positive impact on the kingdom’s near term energy bills and on its trade deficit. However, the kingdom is also set to diversify its energy sources moving forward. As part of its National Energy Plan, Jordan hopes to see 29% of total energy needs met by...
Suite à la signature fin septembre d’un accord portant sur la construction d’un oléoduc pour un coût total de 1,55 milliard de dollars, les volumes d’essence, de diesel et de carburéacteur que Djibouti est en mesure de transporter vers son voisin éthiopien, qui ne dispose pas d’un accès à la mer, ne manqueront pas d’augmenter.
With the most energy-intensive economy on the continent, South Africa has undergone a spate of load-shedding in recent years as demand continues to outstrip supply. However, while faltering output and under-maintained infrastructure have had an adverse effect on the country’s economic performance, a range of government initiatives, notably the...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×