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Oman Power: Foot Off The Gas Despite Khazzan Progress
...readbare international project pipeline. When asked on the firm’s 1 November Q3 earnings call “Given the [cost] deflation you have seen, is it time to step up the FIDs [final investment decisions]?” CFO Brian Gilvary says “we rebuilt the company over 2011 to 2014 [with a massive sell-off of assets to fund ‘De...
Volume: 59Issue: 45Published at Fri, 11 Nov 2016 -
Lebanon: Can New President Get The Country Moving?
...abs to Lebanon, with detrimental effects on growth. Latest IMF statistics show that Lebanon’s real GDP growth in 2011-12 averaged 4.6%, but has slumped to 1% in 2015 and 2016, and is projected to rise to 2% in 2017. This low projection for 2017 could be slightly higher if indeed the election of a pr...
Volume: 59Issue: 45Published at Fri, 11 Nov 2016