To what extent is the Green Corridor project a priority for the administration?
Though it lacks the petroleum resources of many of its Arab neighbours, Jordan’s limited hydrocarbons have helped its energy industry become one of the most progressive and dynamic in the region. Development of renewable and nuclear energy is set to significantly boost domestic capacity and reduce the kingdom’s fuel bill in the coming years. The emphasis on renewables should help Jordan...
To what extent are financial support and investment volumes from the GCC being affected by lower oil prices?
Central to Bahrain’s plans of both becoming a gas hub and meeting rising domestic energy demand is a new liquefied natural gas (LNG) terminal and regasification facility, the Bahrain LNG Import Terminal.
Ongoing talks to reduce the global supply of oil in an attempt to raise prices have so far yielded only preliminary agreements, with Saudi Arabia and other major oil-producing nations historically unwilling to reduce their exports. However, with oil prices falling from $115 per barrel for Brent crude in June 2014 to a low of $28.50 in late...
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