Via Bloomberg, a report that the Qatar Wealth Fund is considering $3B Pakistan investment, mostly in airports and hospitality: Qatar’s sovereign wealth fund plans to invest $3 billion in key sectors of Pakistan’s economy as the gas-rich Gulf state extends its support to the cash-strapped South Asian nation. The $445 billion Qatar Investment Authority is evaluating strategic investments in […]
Read more »Via Oil and Gas Daily, a look at China’s growing influence in Iraq: China has gained a major foothold in oil-rich Iraq, shaking up Western domination in fields from energy to construction, even as some warn that infrastructure projects could leave Baghdad in debt. After decades of conflict, Iraq is “badly in need of foreign […]
Read more »Via STRATFOR (subscription required), analysis of how Iran’s weak economy will continue to deter foreign investment, even in the unlikely event the JCPOA is restored: An agreement to restore the 2015 U.S.-Iran nuclear deal is unlikely as imminent as EU diplomats have suggested due to Iran’s continued demands for sweeping U.S. assurances. But even if […]
Read more »Via Deutsche Welle, a report on Laos which is facing one of its worst economic crises in decades, with the country experiencing galloping inflation and staring at a debt default: Laos’ economy has been on the brink of collapse due to a spiraling debt crisis that is crippling the country’s finances and bringing it perilously […]
Read more »Via Business Insider, an article on the Taliban’s interests in importing oil from Russia in exchange for minerals and medicinal herbs: The Taliban regime in Afghanistan is discussing a deal with Moscow that could involve trading Russian crude oil products in exchange for raisins, minerals, and medicinal herbs, according to RIA Novosti, a Russian state-owned news agency. Nuriddin […]
Read more »Via The Diplomat, a report of difficulties for the Caspian Pipeline Consortium: In a press release on August 22, the Caspian Pipeline Consortium confirmed reports that it had suspended oil loading at two of its three single mooring points at the Black Sea terminal Yuzhnaya Ozereye, near the port of Novorossiysk. Reuters had reported on the suspension […]
Read more »