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Turkey-Turkmen-Iranian gas swap could move quickly

Location:

TURKEY/TURKMENISTAN

Europe is increasingly interested in accessing large Turkmen gas reserves, potentially via Turkey, which has reached agreements with Turkmenistan on possible swap deals via Iran…

Azerbaijan unlikely to meet EU's gas import ambition

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AZERBAIJAN

The EU wants to double gas imports from Azerbaijan by 2027, but this seems unrealistic judging by the constraints on production and export capacity. BP says the main gas field…

Iran’s gas sector requires investment and know-how

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IRAN

The EU on March 10 set a deadline of 2027 to “achieve independence” from Russian gas. Iran, which has the world’s second-largest gas reserves, has the potential to become a major…

Sri Lanka will step up appeals to China and India

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SRI LANKA

Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…

South African parastatal reforms may underwhelm

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SOUTH AFRICA

More bailouts for Eskom and other cash-strapped SOEs come amid an ongoing exodus of senior executives. This has raised renewed questions about the willingness and ability of…

China will play increasing economic role in Argentina

Location:

ARGENTINA

Bilateral relations with China have grown significantly in the last 20 years, with China's role now similar to that of the United Kingdom in the late 19th century: it holds key…

Severity of Israel’s downturn hinges on conflict moves

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ISRAEL

Israel’s war with Hamas is taking a growing toll on the economy mainly due to labour shortages. The economy has recovered quickly from previous short wars, but this conflict…

Chinese investment in Latin America will be selective

Location:

LATIN AMERICA

Chinese loans for large-scale infrastructure have largely stopped since 2019 and are unlikely to recover due to repayment problems and environmental concerns. Chinese corporations…

Turkey’s ties with the Middle East will improve

Location:

TURKEY/MIDDLE EAST

Since 2021, Turkey has been working to improve relations with former regional rivals such as Saudi Arabia, the United Arab Emirates (UAE), Egypt and Israel. It sees the outreach…

Turkey’s dependence on Gulf investment will grow

Location:

TURKEY/GULF

The trip came just a few weeks after his victory in the presidential and parliamentary elections in May. The tour was part of Turkey’s push to improve ties with regional countries…