Energy in the Eastern Mediterranean
Karen Young, director of MEI’s Program on Economics and Energy, is joined by Emily Stromquist and Colby Connelly for a discussion on gas and energy developments in the Eastern Mediterranean.
Karen Young, director of MEI’s Program on Economics and Energy, is joined by Emily Stromquist and Colby Connelly for a discussion on gas and energy developments in the Eastern Mediterranean.
اقرأ تقرير MEI الأسبوعي الذي يتضمن تحليلات الخبراء للتطورات الإقليمية الرئيسية للأسبوع المقبل.
MENA countries are currently home to nearly 15% of the world’s installed energy storage capacity, but this total will need to grow to enable variable renewable energy systems to be integrated into the region’s power grids in a flexible and stable manner.
On March 25, 2022, President Joe Biden announced an agreement committing the U.S. LNG industry to supply an additional 15 bcm of LNG to Europe through the remainder of the year. The agreement also envisions U.S. LNG increasing supply to Europe to 50 bcm through 2030, equating to approximately one-third of the EU’s gas imports from Russia in 2021.
Amb. Gerald Feierstein, Bilal Saab, and Karen Young join guest host Brian Katulis to discuss their recent MEI policy paper, US-Gulf Relations at the Crossroads: Time for a Recalibration, and why they believe now is not the time to disengage from the region.
Saudi Aramco seeks to enter the global gas business again. The company aims to build new business opportunities in the hydrogen and CCS sectors utilizing forecasted new domestic gas production. Its main challenges are long-term consistent commodity-cycle-insulated investment and domestic gas resources.
The global response to Russia’s invasion of Ukraine has focused new attention on friction between the United States and its traditional partners in the Gulf and reinforced skepticism regarding the United States’ status as the dominant international partner in the region. It’s time for both sides to identify a realistic way forward that sheds outdated notions of mutual obligation without becoming merely transactional.
As tensions between the United States and the Gulf monarchies have been laid bare in recent weeks against the backdrop of Russia’s war in Ukraine, spiraling energy prices, and Houthi attacks on Saudi and Emirati territory, it’s clear that there will not be a return to the U.S.-Gulf partnership of the past—but there can be a new understanding between the two sides.
اقرأ تقرير MEI الأسبوعي الذي يتضمن تحليلات الخبراء للتطورات الإقليمية الرئيسية للأسبوع المقبل.
Iraq has refrained from taking a firm position on the war and political opinion on Russia’s conduct is divided along partisan and factional lines. The imposition of sanctions against Russia has complicated its energy investments in Iraq and prospective arms purchases from Moscow and could have a long-lasting adverse impact on the Iraqi economy.
The war in Ukraine has brought back to the forefront the conversation about the need for new investments in oil and gas for the foreseeable future. As the calls multiply for Gulf producers to step in and fill the gap in gas and oil supplies as Russia faces sanctions, producers now feel vindicated after being shunned, and even targeted, at the COP26 in Glasgow last year.
While most analyses of the war in Ukraine have tended to focus on the intra-European dimension, it is worth exploring the potential consequences of this conflict for the EU’s relations with countries further afield, especially those in the Middle East and North Africa.
The war in Ukraine couldn’t have come at a worse time for the Turkish economy. Amid the country’s ongoing economic crisis, the government has been implementing extraordinary and unconventional monetary and fiscal policies.
تناقش لي تشين سيم، الباحثة غير المقيمة في برنامج الاقتصاد والطاقة التابع لمعهد الشرق الأوسط (MEI)، نتائج منشورها الأخير بعنوان "تأثير القوى العظمى في الشرق الأوسط: العلاقة بين الصين وروسيا كمضاعف للقوة"، الذي شاركت في تأليفه مع جوناثان فولتون.
As Russia’s two-week-old war against Ukraine has brought Lebanon’s wheat imports from the besieged Black Sea nation to a complete standstill, the government in Beirut is racing against the clock to avert a catastrophic food crisis.