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Kazakhstan will struggle to boost oil output

Location:

KAZAKHSTAN

Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…

Earthquake impacts will deepen Haiti's economic woes

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HAITI

A lack of fiscal buffers to mitigate the pandemic’s dramatic consequences has increased Haiti’s dependence on international financial assistance, while a recent earthquake has…

Doha will hedge against LNG dependence

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QATAR

Earlier in January, it awarded contracts to increase and sustain output at its main oilfield. Doha wants to dilute its overdependence on a single commodity and to extract value…

Oman’s green hydrogen sector will grow over the decade

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OMAN

Oman has a long pipeline of green hydrogen projects and the clearest strategy in the Gulf for the industry’s development. It aims to have 30 gigawatts of electrolyser capacity by…

Global trends will favour Guyana's oil development

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GUYANA

With the United States declaring that it will no longer purchase Russian oil, other markets are also set to begin pivoting away from reliance on Russian supplies to reduce their…

Gas crunch will affect South-East European politics

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BALKANS

This 30% hike, from BGN102.33 in December, was at the request of Bulgargaz, the state-owned gas distributor. The decision came in the wake of a parliamentary vote on December 16…

South-east Asia is growing arms market for South Korea

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SOUTH-EAST ASIA

Except for Myanmar and Cambodia, which are subject to Western arms embargoes, the region is a buyer’s market. South Korea has become its largest supplier of arms. Meanwhile…

Prospects for the euro-area to end-2023

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PROSPECTS H2 2023

Tourism and other customer-facing sectors are growing solidly even though above-target inflation is squeezing disposable incomes. However, strong services activity is keeping core…

Anti-Mexico moves would be a net loss for US economy

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MEXICO/US

The prospect of more protectionist US trade policies under Donald Trump’s presidency is already having a disruptive effect on business investment decisions, supply chains and…

Parallel imports continue to support Russia’s economy

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RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…