Another political false start in Kuwait
The opportunity offered by high oil prices to expand static oil and gas capacity is being squandered
Hopes that early elections in Kuwait in late September would draw a line under almost two years of gridlock between the executive and a particularly difficult parliament proved short-lived, with the poll delivering a thumping victory for the opposition. However, the new government collapsed within hours over Prime Minister Sheikh Ahmed Nawaf al-Ahmad al-Sabah’s unfathomable decision to reappoint mostly the same ministers who had clashed so bitterly with MPs during the previous session. The prospect of another period of tension between the two government branches bodes ill for the country’s bedrock hydrocarbons sector, afflicted as it is by stagnating oil production and rapidly rising gas imp

Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure