Cooperation in the Gulf

Ford, Neil
November 2004
Power Economics;11/12/2004, Vol. 8 Issue 12, p5
The article focuses on cooperation in the Middle East. While the Gulf oil industry is a vital cog in international relations, rather less attention is given to the region's evolving power sector. Although most Gulf oil producers overlooked the benefits of their natural gas reserves in the rush to maximise oil production, attention has turned to gas over the past decade. Most oil fired plants have now been converted to gas in an effort to maximise oil exports and Qatar has led the way in developing a liquefied natural gas export industry. Moreover, while the creation of a regional power grid will provide the infrastructure required for widespread cross-border power trading, it remains to be seen whether this will automatically lead to the creation of a power pool.


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