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Middle East gas can power regional prosperity
The Middle East natural gas playbook is being rewritten. The fuel source offers the region a pathway to a cleaner, sustainable and affordable means of local power, to fasttrack economic development and as a lucrative opportunity to better monetise its energy resources.
Saudi Arabia and Russia pull OPEC+ in different directions
The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
OPEC++, the sequel, has arrived
It is time to acknowledge that the US-Saudi Arabia nexus is driving a fundamental shift in OPEC strategy
Saudi-US energy ties adapt to multipolar world
Saudi Arabia and US relations can construct a new ‘field of dreams’, but opportunism may be the new rules of the game
Asia proves a growing draw for Gulf players
A newly formed joint venture between Saudi Aramco and Sinopec signals rising Gulf interest in the Asian market
Saudi Arabia and Kuwait home in on disputed Dorra field
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections
A new energy order in the UAE and Saudi Arabia
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
Letter from Saudi Arabia: Energy, diplomacy and the art of the deal
Saudi Arabia is growing as a geopolitical and diplomatic force amid an increasingly fractured world
Aramco keeps on spending
As cash-strapped Western governments commit to substantially raising defence expenditure, a similar dynamic is playing out in Saudi Arabia’s oil and gas sector, as Saudi Aramco maintains it heavy capex push despite reduced revenues
Mideast Gulf oil exporters may engage in price war
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
Saudi Aramco Saudi Arabia GCC
Gerald Butt
5 April 2018
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Saudi economy sends mixed signals

While the overall economy is picking up, Saudis are feeling the pinch from subsidy cuts

Saudi Arabia's long-term goal is, to quote Crown Prince Mohammed bin Salman, to end the country's addiction to oil. This is the foundation stone supporting Vision 2030 and the 2020 targets set out in the kingdom's National Transformation Programme. But in the immediate future, oil—and in particular its global price—remains key. Saudi Arabia is leading efforts to encourage Opec and non-Opec producers to stick to their commitment to restrict oil output in order to support prices. It wasn't always easy. But the strategy has, in the end, been successful. According to the latest report from analyst and consultancy Capital Economics, "the impact of the 2016 Opec agreement to cut oil output has fad

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