Egypt allocates $10.7bn for gas imports in FY 2026/27, up 26% y/y, as global prices grow

AfrOil - Africa Oil & Gas
GLNG - Global LNG
MEOG - Middle East Oil & Gas
By bna Cairo bureau 28 April 2026
Egypt has earmarked around $10.7bn to secure its natural gas and liquefied natural gas (LNG) needs for FY 2026/27, which starts in July 2026, up 26% year-on-year.

Iran faces infrastructure damage as US blockade exhausts crude storage

DMEA - Downstream Middle East & Africa
MEOG - Middle East Oil & Gas
By Editorial 28 April 2026
Iran is transferring millions of barrels of crude onto supertankers as a US naval blockade in the Strait of Hormuz and Gulf of Oman restricts its export routes
A solar park in Uzbekistan, which has invested heavily into renewables.

Central Asia targets skills gap as renewable energy push accelerates

REM - Renewable Energy
By Clare Nuttall in Astana 27 April 2026
With investments into renewables accelerating, the region faces a widening gap between labour market needs and available skills.
Capital flows have held up, and the Bank of Spain noted that the region has not experienced the kind of abrupt outflows seen in previous episodes of global risk aversion.

Latin America's unfinished battle with inflation leaves the region exposed to the Iran shock

LatAmOil - Latin America Oil & Gas
By bnl editorial staff 27 April 2026
The Middle East conflict has landed on Latin America at an awkward moment. After two years of gradual progress bringing inflation under control, the region's central banks now face the prospect of that effort being undone by an external conflict.
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