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OPEC+ nears output targets amid unsolved riddles
OPEC+ has proven to be astute at bringing back oil production, but mysteries around Chinese buying, missing barrels and oil-on-water have left the group in wait-and-see mode
Accelerating MENA’s gas transformation
Gas has become a pillar of MENA economies and a catalyst for development strategies, fostering cooperation and creating new paths for economic diversification. Continued progress will require substantial investment and adapted regulations
MENA states sharpen their gas focus
The GCC countries and other states in the region are looking to make greater domestic use of gas, both that produced at home and imported volumes
Mideast states power up their gas priorities
Saudi Arabia, the UAE and Qatar are ploughing resources into gas—with a growing eye on facilitating domestic use in power and value-added sectors
Natural gas: A vital bridge for the Middle East’s energy future
With responsible development and rigorous regulation, gas can help the region move forward not just as an energy exporter, but as a global leader in the energy transition
MENA's gas metamorphosis
Across the Middle East and North Africa, gas is taking an enhanced role in helping build out economies that need to diversify away from crude oil dependence
OPEC+ exposes its producers’ limits
Saudi Arabia, the UAE and Iraq appear to be only members able to increase output as Russia approaches close to maximum capacity
Fear and loathing in US LNG buildout
Overall gas optimism is blighted by concerns over lingering regulatory and infrastructure hurdles that could hamper expansion of US LNG exports, weaken security and stifle AI ambitions
Middle East doubling down on oil strength
Saudi Arabia, the UAE, Iraq and Kuwait aim to turn geological advantage into sustained geopolitical power via greater spare capacity
Deepwater’s race against time
E&Ps are on the lookout for the next big deepwater discovery amid questions over the Guyana and Santos basins, but technological advancements provide optimism
US Secretary of State Antony Blinken
Opec Iran Saudi Arabia US Yemen
Gerald Butt
8 February 2021
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Biden plans Mid-East Gulf shake-up

US diplomatic goals, if achieved, will impact the Iranian, Saudi and Yemeni energy sectors

President Joe Biden’s foreign policy speech at the State Department in early February gave subtle, but unequivocal, indications of how the new US administration’s views of the Middle East are radically different from those of the previous team. In listing America’s closest friends—ones he had contacted since taking office—he omitted Israel and all Arab states. The region’s autocrats know that relations with Washington are about to change: the president spoke of “rebuilding the muscle of democratic alliances”. Biden also dropped his predecessor’s habit of using foreign policy speeches to castigate Iran. He clearly wants to be careful not to complicate the role of his diplomatic corps, which h

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