Jordan Ministry of Energy
We import 96% of our energy from outside of Jordan, not only from Egypt; we import only the gas from Egypt for our electricity generation.
imported 2024-03-17 17:43:07
We import 96% of our energy from outside of Jordan, not only from Egypt; we import only the gas from Egypt for our electricity generation.
Largest power generation companies in Lebanon are EDL and others. Electricité du Liban produced in 2008 10,221 million kWh. 867 million kWh were purchased and the electricity network consumption in Lebanon amounted to 12,227 million kWh. The electric power consumption rose in 2009 to 13,137 million kWh, according to a World Bank report. The report also says that the demand for electricity is very likely to reach more than 4,000 MW by 2015. This would require an additional 1,500 MW of new capacity.
Chairman and General Manager of Global International General Trading and Contracting, Kuwait emerging oil company, Hussain Abdulla Jowhar and Jose R. Erinjeri
Global International General Trading and Contracting started in 1993 with limited capital. Through the combination of our experiences, we made a strategy of how to proceed and grow our business. We grew slowly with the market to reach where we are today. This is the seventeenth year of our company and in suppliable consumables for the oil sector we are a true leader.
Interview with Sara Akbar. Kuwait Energy is planning to go public this year. Kuwait Energy has approval from the shareholders to do so and Kuwait Energy is on track to do so hopefully in the second quarter of this year. We would like long term investors who understand the business and perhaps more institutional investors. Kuwait Energy would like investors from the region but currently 30% of our investors are from the US and Europe and Kuwait Energy welcomes more investors from there to. This is a unique opportunity for any kind of investor to have access to a Middle Eastern indigenous company that operates in the region with future growth plans and targets in the region.
Interview Sami Al-Rushaid. The Kuwait Oil and Gas 2030 strategy for Kuwait Oil Company calls for four million barrels a day capacity for production that is to be sustained between 2020-2030. For non-associated gas Kuwait Oil Copmany plans to produce one billion standard cubic feet per day by 2015. The additional exploration activities in Kuwait oil fields will hopefully allow Kuwait Oil Company to produce another 1.5 billion cubic feet per day to total 2.5 billion standard cubic feet per day by 2030. This is the vision for Kuwait oil and gas and for Kuwait Oil Company.
Interview with Khalid Hamdan Al-Saif. For Kuwait to make decisions like other nations who have decided to diversify their income away from oil, Kuwait will need concrete steps in order to preserve this way of life for our children and their children. The role of Kuwait oil in Kuwait economy is very strong and, I personally feel more should be done in Kuwait to diversify the income away from oil in order to secure better future for Kuwait.
Interview with Fahed Faisal Boodai, Gatehouse Bank. When we at Kuwait Global Securities House say cherry picking we look at this from two points. One, from the investor’s standpoint what does the investor and what are the clients needs in this market? For example, In 2002-2003 Kuwait Global Securities House invested heavily in GCC and Kuwait real estate but slowed down in 2004 – that is where the cherry picking comes in and where opportunities began to be handpicked. Most importantly real estate and investment are all about timing. In 2006-2007, Global Securities House started exiting some of these investments and I think that that was very smart because given the economic downturn we recently witnessed Global Securities House would have really been hurt.
Ahmed Al Khan, Head of Investment Banking of GBCORP, reveals how a Bahrain’s Business can succeed in Bahrain and elsewhere. He also talks about GBCORP investment strategy.