Gulf Energy and the World: Challenges and Threats
This work provides assessments and analyses of the future relationship of oil and gas to the world economy, and offers policy recommendations for the Gulf region. The position of the Gulf producers in the world energy arena is no longer as secure and stable as it once was, with oil production from non-OPEC countries competing aggressively with OPEC oil. Other factors, including conservation and environmental concerns, and technological developments are covered in detail.
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A Relevant Framework for Understanding the Global Crude
Boon or Bane?
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Arab Asia Asian Asian countries average Bahrain barrel coal constraints consumption costs crude oil decline domestic economic growth energy demand energy market estimates expected factors fields forecasting fuel future gas production gasoline gasoline prices GCC countries governments growth rate Gulf countries Gulf oil Gulf penetration impact increase Indonesia infrastructure International Energy International Energy Agency international oil investment Iraq Japan Koyama Kuwait marginal market fundamentals mb/d ment Middle East million b/d million tonnes natural gas netback NGLs non-OPEC NOPEC oil and gas oil companies oil demand oil imports oil industry oil production oil revenues oil-in-place Oman OPEC OPEC member OPEC oil OPEC's output percent Petroleum pipeline policies problems projects Qatar refiners refinery region reserves residual supplier role Russian Saudi Arabia scenarios sector Source Soviet Union supply Table tion trade transport trends wellhead World Energy