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
10 May 2024
The US’ contentious LNG permitting pause has prompted criticism from CEOs and wildly differing interpretations from politicians
9 May 2024
Pipeline boosts Canada’s oil industry by widening its export options, making it less reliant on US market and bringing Asia into the mix
8 May 2024
Despite Australia’s first import terminal nearing completion, the prospect of additional regasification projects is far from certain