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How to pave the way for greater energy cooperation in the GCC

Al-Mubarak, Imtenan (2016) How to pave the way for greater energy cooperation in the GCC. Middle East Centre Blog (07 Dec 2016). Blog Entry.

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Abstract

Energy cooperation among member states of the GCC states could pave the way for further integration to increase economic efficiency, harmonise policies, improve governance and ensure security of supply. The region is facing a rapid increase in domestic energy demand as economic growth, coupled with large infrastructure and industrial projects, as well as population growth and immigration (total population jumped from 23 million in 1990 to 53 million in 2015), drive up electricity and fuel consumption. Additionally, such cooperation would create an even stronger regional bloc in the global oil market (that currently exists, to some extent, through OPEC).

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/mec/
Additional Information: © 2016 The Author(s)
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HG Finance
J Political Science > JF Political institutions (General)
Sets: Collections > LSE Middle East Centre Blog
Date Deposited: 31 May 2017 08:28
Last Modified: 31 May 2017 08:28
URI: http://eprints.lse.ac.uk/id/eprint/79277

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