Russia - 06

Russia: Sistema’s Plight: Sechin Returns to Bankrupt Yevtushenkov

On 6 June the Bashkortostan Arbitration Court held a preliminary hearing on Rosneft’s lawsuit against Sistema. The court accepted Rosneft’s new estimate of the damages it wishes to recover, which went up from $1.9bn in May to $3bn this month. The court’s willingness to accommodate Rosneft’s requests – for instance, to accept Sistema’s internal correspondence

Kazakhstan - 01

Kazakhstan: Outlook for KMG Privatization and Reform

On 10 May Kazakh Finance Minister Bakhyt Sultanov said that Air Astana, KazAtomProm and KMG remain on short list of state-controlled companies to be privatized, with 2019 as the latest possible completion date. This echoes the upbeat rhetoric of Umirzak Shukeyev, the head of the Samruk-Kazyna Welfare Fund (SK Fund), who since late 2016 has

Mozambique - 02

Mozambique: Challenges Ahead: Nyusi and Frelimo Prepare for Upcoming Elections

The powerful Frelimo CC met once again for an extraordinary session on 26-27 May. President Nyusi stated in his opening address that “we [Frelimo] have to understand the priorities and anxieties of Mozambicans,” which set the tone for the rest of the proceedings. Mostly behind closed doors, 201 of the 209 CC members discussed a

Argentina - 01

Argentina: Ruling in Neuquen Boosts Certainty for Vaca Muerta Development

A recent court case surrounding the Vaca Muerta shale play received a great deal of attention and also pointed to the increasingly positive trend for legal and regulatory stability regarding energy investments. Argentina has struggled for years to build the necessary legal and policy framework that would provide incentives for major development of its world-class

Libya - 01

Libya: Balance of Tripoli Militias Could Shift in Haftar’s Favor

Recent fighting in Tripoli has yet again caused the city’s militia dynamics to shift. Groups aligned with the self-declared “government” of Khalifa Ghwell have withdrawn from certain areas, and forces aligned with or ambivalent towards the UN-backed Government of National Accord (GNA) have expanded their control. The GNA’s Presidential Guard, which had been struggling to

Turkey - 03

Turkey: Sovereign Wealth Fund Becoming Pro-Erdogan Political Tool

Turkey’s Sovereign Wealth Fund (TVF) was established on 26 August 2016 as the main financial tool of the government’s “Strategic Investment Plan.” TVF was initially set up under the prime minister’s office, but Erdogan brought it under his purview and it is now run by a small group of presidential advisors.

Mexico - 02

Mexico: PAN and PRD May Form Opposition Front for 2018 Elections

On 4 June the State of Mexico will elect a new governor. With a population of 17mn, including more than 11mn voters, the state is the most coveted prize for Mexico’s political parties, particularly as the launch pad for the 2018 presidential elections. As a result, in the state’s gubernatorial campaigns, candidates often exchange corruption

South Africa - 01

South Africa: DA Will Struggle to Form Opposition Coalition

The DA has started coalition talks with other opposition parties, including the EFF, ahead of the 2019 general elections. DA Federal Leader Mmusi Maimane said on 16 May that his party will consider a pre-election coalition agreement if it improves the chances of winning the election. However, there are wide political and ideological differences between

Russia - 03

Russia: The Fox Guarding the Henhouse: Gazprom Deploys Rotenberg to Deter Novatek

On 24 May Gazprom Deputy CEO Vitaliy Markelov ruled out a partnership between Gazprom and Novatek to develop the Tambei group of fields. Gazprom controls several major gas fields in the cluster, which is located in the northeast of the Yamal peninsula and includes North-Tambeiskoye, West-Tambeiskoye, Malyginskoye and Tasiyskoye. In early May, Gazprom CEO Aleksei

Libya - 06

Libya: The Manchester Bombing’s Libyan Connection: Effects on European Policy

A major investigation into the Manchester concert bombing this week that killed 22 people, including children, is continuing with the spotlight turned not just on the city’s large Libyan diaspora population, but also whether the plot can be traced back to Libya itself. A strong Libyan connection to the blast is a worrying prospect for