Five GCC countries have developed shortages of natural gas, while Qatar possesses the third largest reserves of natural gas globally, and yet no meaningful GCC-wide gas network exists. Qatar’s commercially grounded energy policy together with a reluctance to enter into an energy-dependent status with a close neighbour understandably favours high East Asian above the discounted rate demanded by GCC states. As a result, natural gas geopolitics has prompted Qatar to take on a global energy policy resulting in an increased integration with Asian states. The focus of this paper is to assess the dynamics of the regional energy market of the GCC, how existing tensions foster Qatar’s increased interconnectivity with East Asia, and the resulting impact on traditional international alliances with Europe and North America.
|Title of host publication||Energy Relations and Policy Making in Asia|
|Number of pages||19|
|Publication status||Published - 1 Jan 2016|
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
- Business, Management and Accounting(all)