The Gulf oil and gas sector : potential and constraints.

Format:

Book

Author/Creator:

Markaz al-Imārāt lil-Dirāsāt wa-al-Buḥūth al-Istirātījīyah. Annual Conference (10th : 2004 : Abū Ẓaby, United Arab Emirates)

Contributor:

Abraham, Mary.

Language:

English

Subjects (All):

Petroleum industry and trade--Persian Gulf Region--Congresses.

Petroleum industry and trade.

Petroleum reserves--Persian Gulf Region--Congresses.

Petroleum reserves.

Genre:

Conference papers and proceedings.

Physical Description:

xx, 372 pages : illustrations, maps ; 24 cm

Place of Publication:

Abu Dhabi, United Arab Emirates : Emirates Center for Strategic Studies and Research, 2006.

Summary:

The predominance of oil as the world's main source of energy, coupled with the recent phenomenal growth of the natural gas industry spurred by environmental considerations, ensure that the Gulf's energy sector will continue to play a pivotal role in the global market. With world demand projected to reach unprecedented levels led by Asian economic powers such as China and India, oil production peaking in key areas and geopolitical crises fueling greater uncertainty, issues of global supply security have come to the fore. All these factors have led to a steep rise in petroleum prices, filling the coffers of the oil producers but threatening to paralyze the global economy and imposing a heavy burden on the ultimate consumers.

In this energy scenario, where does the Gulf oil and gas sector stand? How can it meet its long-term strategic requirements while satisfying the energy needs of the global economy? This was the main focus of the ECSSR Tenth Annual Energy Conference entitled The Gulf Oil and Gas Sector: Potential and Constraints, held in Abu Dhabi from September 26 to 27, 2004. The conference presentations of the energy experts compiled in this book examine both the possibilities and the problems of the Gulf energy sector in the wider global context. Important energy issues covered include the future prospects of OPEC, the impact of world oil prices on global growth, the strategic objectives of the Gulf energy sector, the influence of markets and technology on regional reserves, the emerging partnerships between national and international oil companies, the imperatives for attracting Gulf energy investment and new developments in gas technology and regional gas trade. Regional case studies outline possible scenarios for the future of Iraqi oil, highlight policy options for Saudi Arabia as a swing producer and focus on the Norwegian experience of economic diversification. Book jacket.

Contents:

The Gulf oil and gas sector in the global energy context: an overview

The Gulf oil and gas sector: potential and constraints / H. E. Abdullah bin Hamad Al-Attiyah

The future of OPEC in a globalized world energy market: opportunities and constraints / Adnan Shihab-Eldin

Maintaining cohesion within OPEC: implications for cooperation among member countries / Luis E. Giusti

Iraq's oil sector: scenarios for the future / Muhammed-Ali Zainy

Saudi Arabia's oil and gas industry: strategic outlook and policy options / Vera de Ladoucette

The Norwegian experience of economic diversification in relation to the petroleum industry / Øystein Noreng

World oil prices: impact on economic growth / Mehdi Varzi

The influence of markets and technology on regional oil and gas reserves / Kjell Aleklett and Colin J. Campbell

The future of gas transportation in the Middle East region: LNG, GTL, and pipelines / James T. Jensen

Who needs whom? Investment in Middle East oil / Valerie Marcel

Global energy outlook: implications for growth and investment prospects in the Middle East petroleum sector / Fatih Birol.

Notes:

"The ECSSR Tenth Annual Energy Conference ... held in Abu Dhabi from September 26 to 27, 2004. The conference presentations of the energy experts compiled in this book ..."--Cover p. [4].

"ECSSR editor Mary Abraham ... coordinat[ed] the publication of this book"--P. xx.

Includes bibliographical references (pages 351-360) and index.

ISBN:

994800809X

9789948008095

9948008081

9789948008088

OCLC:

70128813