Research & Publications: Energy

Emir Sheikh Tamim bin Hamad Al Thani warned Qataris in November that due to tumbling oil prices, the government could no longer “provide for everything.” The following month he addressed “wasteful spending, overstaffing and a lack of accountability,” sending a clear message that austerity measures were on the way.

Traditionally, South Korea’s economic relations with the Gulf states have been primarily based on energy trade and construction. The Park Geun-hye administration is keen to expand the scope and boost the value of South Korea's economic relations with the GCC countries and with Iran.

China is a major economic partner of the GCC countries. This essay discusses the size and scope of this economic relationship, and considers how these ties might evolve as China's ambitious One Belt One Road (OBOR) and Maritime Silk Road (MRS) initiatives take shape.

The Chinese aim to gradually grow with Iran a multi-dimensional partnership based on mutual understanding and trust, and see in Iran a potential power that could act as its partner in an Asian arena where many see China’s own rise as a threat.

Gonul Tol, director of MEI's Center for Turkish Studies, delivered the following testimony at a hearing of the U.S. House of Representatives' Foreign Affairs Subcommittee on Europe, Eurasia, and Emerging Threats on February 3, 2016.

February 2016 marks the beginning of a new phase in the Chinese lunar calendar, drawing to a close a year marked by heightened risks and fortuitous gains in China’s efforts to secure its interests in the Middle East and North Africa (MENA) region. This essay addresses three questions: How well has China adapted to the conflict and instability that have swept the region? And as we enter the Year of the Red Fire Monkey, what are the concerns that are likely to preoccupy Chinese leaders? What, if any, policy adjustments by Beijing, can realistically be expected in light of the current circumstances and uncertain prospects for the region and for China itself?

Boasting the fourth largest oil reserve and the second largest supply of natural gas in the world, Iran is a global hydrocarbons behemoth. Nevertheless, Iranian policymakers have shown great interest in renewable energy (R.E.) sources to improve energy security, reduce internal dependence on hydrocarbons, and meet its projected growth in electricity demand. The fulfillment of these objectives is not only realistic and desirable, but also probable for the Iranian government as it has an advantageous topography for renewables.

The recent escalation in tension between Saudi Arabia and Iran is throwing the GCC into a crisis of unity at a time of economic strain under low oil prices, writes guest contributor Theodore Karasik. Although the smaller states are generally falling in line with Saudi Arabia, how they have done so varies from one country to the next.