The fiscal and external positions are expected to continue to deteriorate over the medium term absent policy changes—with reserves falling below adequate levels and fiscal buffers eroded. Although the level of public debt will remain sustainable, gross fiscal financing needs will increase. Non-oil GDP growth is projected to reach 5½ in 2019 but subside over the medium term.

“Очередное заседание Рабочей группы по энергетике, которое состоялось накануне, позволило подвести итоги реализации проектов в этой области, а также наметить новые направления совместной работы. На особом контроле держим реализацию наших ключевых проектов - “Турецкого потока” и АЭС “Аккую”. Мы рассчитываем на своевременный запуск проектов в конце 2019 года и к 2023 году соответственно”, - сказал Александр Новак.

TVEL, the nuclear fuel manufacturer subsidiary of Russia's Rosatom, has signed a supply contract for units 7 and 8 of the Tianwan nuclear power plant in China's Jiangsu province. The customers are Suneng Nuclear Power Corporation and China Nuclear Energy Industry Corporation, which are both subsidiaries of China National Nuclear Corporation (CNNC).

South Korea's Doosan Heavy Industries & Construction (DHIC) signed the 'business collaboration agreement' with US small modular reactor developer NuScale Power for supply of NuScale Power Modules and other equipment. Doosan also signed the 'unit purchase agreement' through which it will make a cash equity investment in NuScale with Korean financial investors.

The UK has opened for consultation its assessment of a new financing model aimed at reducing the cost of new nuclear power plant projects by having consumers pay upfront through their energy bills. A solution is needed urgently because nuclear energy is seen as a vital part of the government's commitment to cutting the country's carbon emissions to net zero by 2050. Seven of the UK’s eight existing nuclear plants are set to be retired by 2030.

Global growth is sluggish and precarious, but it does not have to be this way because some of this is self-inflicted. Dynamism in the global economy is being weighed down by prolonged policy uncertainty as trade tensions remain heightened despite the recent US-China trade truce, technology tensions have erupted threatening global technology supply chains, and the prospects of a no-deal Brexit have increased.

The UK obtained 19% of its primary energy from low-carbon sources last year, with 39% of this from nuclear power, but this was 7% lower than in 2017 due to outages at Dungeness B and Hunterston B towards the end of 2018, official statistics published today show. Nuclear capacity was broadly the same as in 2017, at 9.3 GW.

France's GDP growth is expected to stay moderate in the near term, reaching 1.3 percent this year and 1.4 percent in 2020, after slowing last year on the back of decelerating global growth and reduced slack.

Brazil's GDP growth is projected at 0.8 percent in 2019 and to accelerate in 2020 conditional on the approval of a robust pension reform and favorable financial conditions. The current budget is guided by the federal expenditure ceiling, entailing a minor reduction of the structural primary balance in 2019.

Russian and Saudi Arabian companies are considering expanding existing energy cooperation to include new joint oil and gas, petchems and nuclear projects,

U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 49,000 b/d month-over-month in July from 8,497 to 8,546 thousand barrels/day, gas production to increase 745 million cubic feet/day from 81,213 to 81,958 million cubic feet/day .

the U.S. Energy Information Administration (EIA) forecasts Henry Hub natural gas spot prices for June, July, and August this year will average $2.37 per million British thermal units (MMBtu). If realized, this price would be the lowest summer average Henry Hub natural gas price since 1998.

A bipartisan group of 15 senators introduced a bill in March to instate NELA, which would offer incentives and set federal goals for advanced nuclear energy.

A bipartisan group of 15 senators introduced a bill in March to instate NELA, which would offer incentives and set federal goals for advanced nuclear energy.

U.S. EIA - Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Production from Vaca Muerta surpassed 1.0 billion cubic feet per day (Bcf/d) in December 2018.