As a rapidly growing country with only modest energy resources, Morocco’s dependence on external power supplies continued to increase over 2012, with the value of energy imports jumping 11.9% year-on-year from 2011 to 2012. With 96% of energy needs met by fossil fuel imports, especially oil and coal, the country is in a precarious fiscal position as government budgets grapple with elevated oil...
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With a new set of laws set to be passed in 2013 to replace the existing mining code, the government is seeking to open the sector to additional foreign investment and offer more concessions to extract and process the country’s mineral wealth. Phosphates mining accounted for 92.7% of the sector’s total production in 2011. Other mineral resources include gold, silver, barite, cobalt, copper,...
Articles & Analysis | Staying a step ahead: New facilities and growing production show long-term promise from The Report: Saudi Arabia 2013
Accounting for just under 30% of real GDP and providing 80-90% of state revenue, the oil and gas sector has been the dominant force behind Saudi Arabia’s economy for decades. Seeking to cement its position as a front-runner in the global market, the government has continued to invest heavily over the last decade to boost...
Articles & Analysis | Over the long haul: Unconventional energy sources given attention with recent technology from The Report: Saudi Arabia 2013
Traditionally viewed as a means to exploit technically challenging, marginal and maturing oil and gas reservoirs during periods when energy prices are high enough to offset greater production costs, the development of unconventional hydrocarbon sources has flourished around the world over the past decade from Southeast Asia to...
Interviews & Viewpoints | OBG talks to RPN Singh, Indian Minister of State for Petroleum and Natural Gas from The Report: Saudi Arabia 2013
Articles & Analysis | Refreshing efforts: Improving desalination technology to meet water demand from The Report: Saudi Arabia 2013
With little rainfall, scarce and depleting groundwater and high consumption per capita (see overview), Saudi Arabia is heavily reliant on desalination for water provision. As a consequence, the Kingdom is now the largest producer of desalinated water in the world and is investing heavily in new plants to keep up with demand,...