Market Report, "Kuwait Power Report Q3 2012", Published
BMI View: Following the Fukushima tragedy, nuclear energy seems to have dropped out of contention for Kuwait, so in the near- to medium-term the country will be dependent almost exclusively on oil and gas. Much of the planned new generating capacity is gas-fired, with oil often used as a back-up fuel. The aim is to make more of the country's oil available for export, even if this leads to a growing reliance on imported gas. Hints at a major renewables...
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