Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Middle East Gas Conference 2025
The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
ADNOC targets Santos in big LNG push
The takeover, if it gets the all-clear from regulators and other government authorities, would propel XRG and its parent firm ADNOC into the top tier of global LNG players
ADNOC eyes cross-border opportunities
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
Saudi Arabia and Russia pull OPEC+ in different directions
The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
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
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
Qatar’s Syria gas deal makes regional waves
The Gulf state’s offer to supply electricity-starved Syria is an opportunity to support a key ally, but Doha’s ambitions to build broader pipeline networks to Turkey and Europe face challenges
MENA NOCs secure influence in low-carbon future
Regional state-owned firms are transforming their strategies and leveraging their resources to position themselves as clean energy powerhouses, and to ensure they maintain influence in a low-carbon world
Aramco and ADNOC diverge on big petchems bet
The NOCs are both looking to take advantage of the petrochemicals boom, with the Saudi firm snapping up stakes in Asian JVs tied to offtake agreements and its Emirati counterpart striking big M&A deals
Qatar Saudi Arabia Bahrain Oman UAE Kuwait
James Drummond
31 January 2019
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Qatar prepares for another year under blockade

Intra-GCC tensions will continue under the cloud of Saudi-Iran hostility

For the five members of the GCC excluding Saudi Arabia, 2019 will be dominated by the machinations of Riyadh and Tehran, the two giant competitors for regional dominance. While a war between Saudi Arabia and Iran is unlikely, the possibility cannot be totally excluded. Any conflict would result, at very least, in a sizeable spike in oil prices. About 18mn bl/d of crude oil and almost 4mn bl/d of refined products pass through the Strait of Hormuz. Kuwait, Qatar and Bahrain are entirely dependent on the strait for their exports. The question is how prolonged any spike would prove to be. As Saudi Arabia and Iran continue to talk tough, Bahrain, Kuwait, Oman, Qatar and the UAE can do little more

Also in this section
India ready for turbulent times
23 July 2025
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector
Albania’s long pursuit of gas
23 July 2025
Gas is unlikely to assume a major role in Albania’s energy mix for years to come, but two priority projects are making headway and helping to establish the sector
Ammonia ambitions to help drive gas demand
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
WPC Energy to promote role of women
22 July 2025
Next year’s WPC Energy Congress taking place in April in Riyadh, Saudi Arabia will continue to promote the role of women in the energy sector, with a number of events focusing on the issue.

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search