Energy Articles & Analysis

Chapter | Energy from The Report: Kuwait 2017

With about 6% of the world’s proven crude oil reserves Kuwait plays a major role in global energy markets. However, its reliance on a single commodity which is prone to significant fluctuations in value also presents challenges for the economy as a whole, and the energy sector in particular. According to estimates from the US Energy Information Administration, Kuwait’s total export revenues in 2015 were $40bn, compared to $119bn in 2012. Although the country has accumulated significant savings over the years, giving it fiscal buffers to weather lower oil prices in the short term, falling income has given greater impetus to long-term plans to boost production, increase upstream efficiency and diversify downstream industry, so that Kuwait can optimise the value of its natural resource endowment and pass on the benefits to its citizens. This chapter contains an interview with Jamal Jaafar, CEO, Kuwait Oil Company.
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For decades, the ongoing development of Thailand’s major oil and gas fields provided the country with a steadily increasing flow of energy. Strong demand, favourable geology and an attractive concession contracting system combined to create an environment that attracted considerable interest from major international oil companies, which in...

 

What changes must be made to Thailand’s power generation infrastructure to accommodate anticipated rises in demand?

 

What impact have recently depressed oil prices had on Thailand as a net energy importer, and what is your outlook on price stabilisation?

 

At the centre of Thailand’s economic growth, the energy sector is using progressively diverse means to meet the continually increasing demand for energy sources. The country’s growing industrial capacity, ongoing urbanisation and organic population growth are all contributing to rising domestic energy intensity – a trend that policymakers have...

 

How are the promotion of efficiency and diversification advancing long-term energy security?

 

The rise of Thailand’s industrial power base, along with ongoing urbanisation of the country’s population, has the government and power producers striving to stay a step ahead of consumers’ increasing appetite for electricity. Since 2002 electricity consumption has increased 55%, from 100,091 GWh to 182,847 GWh in 2016, according to data...