Via The Diplomat, an article on COVID’s impact on exports of natural gas from Central Asia to China: Natural gas exports from the Central Asian republics began to see major drops as a result of the global economic slowdown in the wake of the coronavirus pandemic. China, the main buyer of natural gas from Kazakhstan, […]
Read more »Via The Wall Street Journal, a look at how Venezuela has seen its production dwindle after decades of graft and mismanagement under Chávez and Maduro regimes, and now the burden of U.S. sanctions: Venezuela’s oil industry—rich in reserves, a crucial Allied resource in World War II, a founding member of OPEC—is grinding toward a halt. Venezuela […]
Read more »Via STRATFOR (subscription required), a short report on Pemex: Mexican President Andres Manuel Lopez Obrador’s failure to strengthen Pemex’s finances and shore up domestic oil production will exacerbate Mexico’s public finance woes from COVID-19. On Aug. 24, Mexico’s state-owned energy giant Pemex reported its lowest level of monthly crude oil production since 1979, with the company’s […]
Read more »Via MEHR News, a report on Iran’s willingness to resume gas trades with Turkmenistan: The head of the National Iranian Gas Company Hassan Montazer Torbati expressed Iran’s willingness to resume gas trade with Turkmenistan. “During the ICA ruling we expressed our interest to continue the import of Turkmenistan’s gas,” Montazar Torbati said on Monday on […]
Read more »Via the London Review of Books, an interesting commentary on a businessman’s experience in Turkmenistan: I was? sitting next to a Coca-Cola sales exec on the flight to Ashgabat. ‘I hope you’ve got the right-sized photo,’ he said. ‘If you haven’t …’ He gave a short, sharp whistle through his teeth and jerked his thumb backwards: ‘Home you […]
Read more »Via AKIPress News, a look at the fierce competition between US and China for energy corridors in Central Asia: Amid already heightened tensions between the United States and China, the Trump administration has now called “for a new alliance of democracies” to counter China’s aggressive policies, and, in a retaliatory move, Beijing has begun adding […]
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