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  1. Egypt: Is It Finally Getting Its Energy Finances In Order?

    ...The end to fuel subsidies and IOC ‘receivables’ may finally be in sight. Egypt is gearing up to remove the majority of fuel subsidies by the start of the next financial year in July. Cairo spent E£121bn ($6.8bn) in the 2017-18 financial year and is on course to spend E£90bn ($5.1bn) in th...

    Volume: 62
    Issue: 15
    Published at Fri, 12 Apr 2019

  2. Iran Unifies Exchange Rate In Last Resort To Halt Plunging Rial

    ...om $59bn in 2017 to $72bn in 2018. ...

    Volume: 61
    Issue: 15
    Published at Fri, 13 Apr 2018

  3. Lebanon: Can Donor Conference Success Right The Ship?

    ...rkish ‘power ships’ producing around 370 MW from fuel oil, and nix plans to tender another two power ships for 800 MW.  A shift from fuel oil toward gas-fired plants would also ease the eventual transition toward domestically produced gas, should offshore exploration efforts pan out (MEES, 15 December 2017...

    Volume: 61
    Issue: 15
    Published at Fri, 13 Apr 2018

  4. Shifting Sands: Saudi Arabia’s PIF’s Changing Strategy

    ...o months of 2017. As the world’s biggest energy user, China is growing more reliant on crude imports. Economic growth has spurred higher demand, and falling domestic production has exacerbated the need for imports. The IEA projects demand to grow 340,000 b/d in 2017, in line with last year’s gr...

    Volume: 60
    Issue: 15
    Published at Fri, 14 Apr 2017