Gulf gas: clouds of confusion
Individual GCC states have settled on convoluted ways of distributing natural gas due to a lack of cooperation
The states bordering the Gulf are caught in a cat's cradle of geopolitical complexity. This is as much the case within the Gulf Cooperation Council (GCC) as it is between certain GCC states and Iran. The muddle is clearly illustrated by the minimal progress among the region's governments towards coordinating the development of natural gas resources and gas distribution. At the launch of The Future of Gas in the Gulf in London at the end of June, editor Jonathan Stern said political relations are a problem: "They have worsened in the 2010s, and this accounts for increased interest in LNG imports rather than the expansion of regional pipeline cooperation." At the same time, according to Ster
Also in this section
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
3 March 2026
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
