Epstein Secrets

ired legal and political consultants in major democracies, as have state energy corporations in oil-rich countries like Azerbaijan, Venezuela, and Angola. But authoritarian governments generally seek the assistance of global public relations companies in the wake of repressive crackdowns at home or

entatives working for the state and for large economic entities closely tied to the state. But there are also K Street representatives for Russia, Kazakhstan, Azerbaijan, Turkey, Ethiopia, and practically all of the authoritarian states in the Middle East The toxic combination of unfair elections and c

gin Islands. U.S. , Wake Island, Wallis and Futuna. Western Sahara High Risk Jurisdictions* Afghanistan. Aland Islands, Albania, Algeria, Andorra, Angola. Azerbaijan, Bahamas, The. Bangladesh, Belarus, Belize. Benin, Bolivia, Bosnia and Herzegovina. Botswana. Brazil, Burkina Faso. Burma (Myanmar), Bur

thiopia. Ghana. Grenada, Guatemala. Guinea, Guinea- Bissau, Guyana. Haiti. Honduras, India, Iran, Iraq. Ivory Coast (C6te d'Ivoire). Jamaica. Jordan, Kazakhstan, Kenya. Korea, North. Kyrgyzstan, Laos. Lebanon, Liberia. Libya, Liechtenstein, Macau, Maldives, Mali, Marshall Islands, Mexico, Moldova, Monaco, M

new axis of oil has become undeniable market and geopolitical reality. Russia is now one of China's top three oil suppliers (with Saudi Arabia and Angola) and is set to grow its oil exports to China significantly in coming years. While some analysts cite Chinese firms' acquisition of upstream positio

s set to grow its oil exports to China significantly in coming years. While some analysts cite Chinese firms' acquisition of upstream positions in Kazakhstan and Turkmenistan and the opening of a Turkmen-Chinese gas pipeline as signs of Sino-Russian competition in Central Asia, these moves supported Mosc

donia Ecuador Lithuania Peru South Africa Paraguay Venezuela New Zealand Thailand Namibia Tanzania Senegal Mozambique Romania Uganda Bulgaria Nigeria Angola Cameroon China Kazakhstan Algeria Russia Estonia Oonmob hoo Fb FB4HuvbanbOKHKEES : & vu & @ eooocoonNnNiocooccoeocceeec eo eco eco eo ee eo ce eo

a Peru South Africa Paraguay Venezuela New Zealand Thailand Namibia Tanzania Senegal Mozambique Romania Uganda Bulgaria Nigeria Angola Cameroon China Kazakhstan Algeria Russia Estonia Oonmob hoo Fb FB4HuvbanbOKHKEES : & vu & @ eooocoonNnNiocooccoeocceeec eo eco eco eo ee eo ce eo Se = ~ oN COC @Mcc ce ece

2.5 2.0 mn b/d, YoY BofAML f'cast 15 1.0 0.5 0.0 -0.5 -1.0 2010 2012 2014 2016F 2018F 2020F mu US meme Canada mam Mexico mmm North Sea mmm Russia Kazakhstan . . 2013 2014 2015 2016 2017 2018 2019 2020 mum Asia Brazil mmm Sudan/So. Sudan other —+— total non-OPEC base =2016@$45/bbl m2017@$59/bb!_ =2018@$67/

namely Iran the UAE Global oil consumption BofAML OPEC capacjty growth, 2015-2020F 105 Kuwait mn bpd fcast uwail 100 , Algeria 95 Qatar 90 Venezuela Angola 85 3 Ecuador 80 Nigeria 15 UAE 70 Libya 65 Iran Saudi Arabia 60 87 89 91 93 95 97 99 01 03 05 07 09 11 13 15 17 19 -0.3 -0.1 0.1 0.3 05 Source: IEA,

resentatives working for the state and for large economic entities closely tied to the state. But there are also K Street representatives for Russia, Kazakhstan, Azerbaijan, Turkey, Ethiopia, Venezuela Hungary £ @ et 2 £ @ A) remy t and practically all of the authoritarian states in the Middle East. The

e hired legal and political consultants in major democracies, as have state energy corporations in oil-rich countries like Azerbaijan, Venezuela, and Angola. But authoritarian governments generally seek the assistance of global public relations companies in the wake of repressive crackdowns at home or ac