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Jordan: Gas Oversupply Threatens Key Startups
...at both the energy ministry and state power company Nepco are struggling to cope with the ongoing changes – and it could see commissioning for key projects be delayed. The main issue boils down to key contracts that Jordan signed over the last several years which are no longer competitive. In 2011...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
Jordan’s Power Strain
...alth and education). But deficits by the National Electric Power Company (Nepco), which are considered sovereign debt and have helped push Jordan’s debt-to-GDP ratio back up to 80%, are off-budget. Nepco has been a major burden for the treasury since 2011, when “Arab Spring” instability brought an...
Volume: 58Issue: 44Published at Fri, 30 Oct 2015 -
Iraq Wakes Up From Power Shortage Nightmare
...litical boon for their rulers – there were regular and occasionally violent protests against power cuts, leading to the sacking of successive electricity ministers in the wake of both summer 2011 and summer 2010. Furthermore, years of deprivation taught Iraqis self-reliance and substantial off-gr...
Volume: 55Issue: 44Published at Fri, 26 Oct 2012