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Saudi Arabia needs a strategy for the hydrogen sector

Location:

SAUDI ARABIA

It intends to produce up to 11 million tonnes of ‘blue ammonia’ annually by 2030, using 'blue' hydrogen made from natural gas but with mitigated carbon impacts. The target lacks…

United Arab Emirates’ green transition will intensify

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UNITED ARAB EMIRATES

Earlier in July, the United Arab Emirates (UAE) government unveiled ambitious new targets for clean power and low-carbon hydrogen production. The main emirates are accelerating…

Qatar’s green strategy will focus on greening of LNG

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QATAR

Doha’s decarbonisation strategy, which started slowly, focuses on electricity production and industrial exports. Qatar has toughened sustainability targets and moved swiftly…

Trade will tighten Gulf-South Korea relations

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GULF STATES/SOUTH KOREA

Previously, in December 2023, South Korea signed a landmark free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC), only the bloc’s second with a major…

Gulf economies are on a stable track despite risks

Location:

GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Qatar will lean on core LNG strength post-boycott

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QATAR

Qatar is putting a massive planned liquefied natural gas (LNG) hike at the centre of its next phase of economic growth. This comes as relations with Gulf neighbours improve, and…

Abu Dhabi's international expansion will increase

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ABU DHABI

The deal was the company’s fourth overseas gas deal as part of its international strategy to diversify its revenue streams from domestic oil production to equip it better to…

United Arab Emirates will boost oil and gas output

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UNITED ARAB EMIRATES

Recent high prices have generated windfall revenues for this investment. Projected declines in global oil demand support the increased extraction policy. In parallel ADNOC is…

Algeria to build and diversify energy and other ties

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ALGERIA

Algeria’s traditional foreign policy of non-alignment has been tested by Russia’s invasion of Ukraine. It is performing a delicate balancing act, preserving close political and…

Oil and gas prices boost Oman's financial position

Location:

OMAN

The Gulf state’s finances had been under pressure for some time, with steadily rising debt levels and only fitful progress towards economic diversification. It can now look…