The Ground Truth: What We’re Watching on the Global Stage.
Since the Kremlin announced its “partial” military mobilization, Tokayev has reaffirmed Kazahkstan’s distance from Moscow on multiple occasions and issues.
Events in Kurdistan’s embattled energy sector seem to be coming to a head in an unprecedented manner. Real negative impact, and measurable associated costs, are flowing from the State Oil Marketing Organization (SOMO)’s late August letters to traders and the Basra Oil Company’s threats to blacklist EPCs who work in both the federal and Kurdistan energy sectors.
In her first full week in office, Economy Minister Silvina Batakis gave prominence to energy sector affairs, even though she faces a challenging macroeconomic scenario that is pointing toward a possible devaluation of the peso.
SENER issued an official letter that would force industrial and commercial consumers to buy gas exclusively from Mexican government-owned companies.