Reforms to the country's system of energy pricing have run into a series of political barriers. This is nothing new. The leadership of all governments over nearly two decades have felt the need to remove controls on the pricing of energy. The problem has been the loss of political popularity this would entail, which none of them have been able to bear. They repeatedly state that large private investments are required to meet the country's rising energy demands, and that these can only be achieved by a more liberal pricing regime. But when push comes to shove, their nerve fails.
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