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Oil and natural gas prospects: Middle East and North Africa

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  • Khatib, Hisham

Abstract

The MENA region is endowed with enormous resources of oil and gas, rendering it the world′s richest region in this regard. Endowment differs from one country to another with few countries are almost dry; however the economic benefits proliferated to almost every country in the region. In spite of some doubts being cast about the amount of proven oil reserves, these with improved technology and new discoveries are increasing year after another. With no long term feasible alternatives to oil for transport and the increasing trade in LNG, the region′s importance as a world′s leading supplier of fossil fuels will continue for decades to come.

Suggested Citation

  • Khatib, Hisham, 2014. "Oil and natural gas prospects: Middle East and North Africa," Energy Policy, Elsevier, vol. 64(C), pages 71-77.
    • Handle: RePEc:eee:enepol:v:64:y:2014:i:c:p:71-77
    DOI: 10.1016/j.enpol.2013.07.091
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    Cited by:

    1. Goncharuk, Anatoliy G. & Storto, Corrado lo, 2017. "Challenges and policy implications of gas reform in Italy and Ukraine: Evidence from a benchmarking analysis," Energy Policy, Elsevier, vol. 101(C), pages 456-466.
    2. Haneklaus, Nils & Schröders, Sarah & Zheng, Yanhua & Allelein, Hans-Josef, 2017. "Economic evaluation of flameless phosphate rock calcination with concentrated solar power and high temperature reactors," Energy, Elsevier, vol. 140(P1), pages 1148-1157.
    3. Saikou Kawsu Gassama & Mansoureh Ebrahimi & Kamaruzaman Bin Yusoff, 2020. "The Oil Hegemonic System and Game Theory: Regional versus Trans-regional Powers in the Middle East," Contemporary Review of the Middle East, , vol. 7(3), pages 358-376, September.
    4. Griffiths, Steven, 2017. "A review and assessment of energy policy in the Middle East and North Africa region," Energy Policy, Elsevier, vol. 102(C), pages 249-269.
    5. Mohammad Al-Smairan & Moayyad Shawaqfah & Fares AlMomani, 2020. "Techno-Economic Investigation of an Integrated Boiler–Solar Water Heating/Cooling System: A Case Study," Energies, MDPI, vol. 14(1), pages 1-18, December.
    6. Nematollahi, Omid & Hoghooghi, Hadi & Rasti, Mehdi & Sedaghat, Ahmad, 2016. "Energy demands and renewable energy resources in the Middle East," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 1172-1181.
    7. Anser, Muhammad Khalid & Yousaf, Zahid & Nassani, Abdelmohsen A. & Vo, Xuan Vinh & Zaman, Khalid, 2020. "Evaluating ‘natural resource curse’ hypothesis under sustainable information technologies: A case study of Saudi Arabia," Resources Policy, Elsevier, vol. 68(C).
    8. Anatoliy G. Goncharuk, 2014. "Losers and Beneficiaries from the Growth of Natural Gas Prices," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 3(2), pages 117-126.
    9. Kumar, Sourabh & Barua, Mukesh Kumar, 2022. "A modeling framework and analysis of challenges faced by the Indian petroleum supply chain," Energy, Elsevier, vol. 239(PE).
    10. Zhao, Laijun & Li, Deqiang & Guo, Xiaopeng & Xue, Jian & Wang, Chenchen & Sun, Wenjun, 2021. "Cooperation risk of oil and gas resources between China and the countries along the Belt and Road," Energy, Elsevier, vol. 227(C).
    11. Wang, Qiang & Jiang, Feng, 2019. "Integrating linear and nonlinear forecasting techniques based on grey theory and artificial intelligence to forecast shale gas monthly production in Pennsylvania and Texas of the United States," Energy, Elsevier, vol. 178(C), pages 781-803.

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