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            • Oil Market Report - June 2026

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                • Country

                Mauritania

                In 2019, Mauritania’s energy mix was dominated by oil products (65%) and biofuels and waste (32%). In 2020, 43% of the population had access to clean cooking which is the highest share in West Africa. In 2020, 47% of the population had access to electricity. For electricity access, the country targets universal access in urban areas and doubling of the current rate in rural areas by 2024, with country-wide universal access by 2030. For clean cooking, the target is 100% access to LPG in urban areas and 50% access to LPG in rural areas by 2030.

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                • Country

                Armenia

                Imports of oil and gas cover 77% of Armenia’s energy needs. Current energy policy is focused on developing indigenous energy sources, mainly renewable, and on replacing the country’s main nuclear reactor. Energy Efficiency policy has also become a bigger priority as energy security and reliability remain key focus areas. Armenia is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.

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                • Country

                Tunisia

                Tunisia mostly relies on gas imports to meet its primary energy needs: almost 97% of its electricity generation came from gas in 2016. However, energy policy puts the emphasis on renewable energy. Electricity generation from wind power strongly increased since 2014.

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                • Country

                Kazakhstan

                Kazakhstan is a significant producer of coal, crude oil and natural gas, and a major energy exporter. While coal dominates the country’s energy mix, renewable sources of energy are a small but growing share of Kazakhstan’s electricity generation. Gas pipeline network expansion remains a priority, in order to expand access and reduce reliance on coal and LPG for household consumption. Kazakhstan is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.

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                • Country

                Mongolia

                Coal is the first source of electricity generation in Mongolia, but the country has recently begun using hydro, solar and wind power, and has adopted a law aiming to increase and regulate the use of renewables.

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                • Country

                Sri Lanka

                Sri Lanka’s primary energy supply mainly comes from oil and coal. Almost 40% of Sri Lanka’s electricity came from hydropower in 2017 but coal’s shares in power generation has been increasing since 2010. Sri Lanka is reaching universal access to electricity but clean cooking remain an issue with 15 million people still relying on biomass to cook.

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                • + 5 pages

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                • Country

                Nicaragua

                The National Energy Policy of Nicaragua establishes a policy framework for the development and exploitation of renewable sources. The law sets the objective of prioritizing the use of renewable energy in the national energy mix and of stabilizing energy prices using renewables.

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                • Country

                Iraq

                Iraq holds abundant oil and gas resources and has strong solar PV potential. Its production to 2030 is set to be third largest contributor to global oil supply. By the same year, the government expects that renewable capacity will amount for 5% of the country’s total system capacity.

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                • + 5 pages

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                Panama

                Panama's National Energy Plan 2015–2050 outlines long-term strategy for the country’s energy sector development, including renewables. The Plan established that 15% of Panama’s generation capacity will come from renewables by 2030 and 50% by 2050.

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                • + 5 pages

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                • Country

                Dominican Republic

                Dominican Republic has adopted a law on incentives for the development of renewable energy sources, which aims to increase the diversity of energy sources, reduce dependence on imported fossil fuels and stimulate investment in renewable energy.

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