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Middle East and North Africa Energy 2014: New Uncertainties and New Opportunities

27-28 January 2014

London, United Kingdom

Energy Ministers and other experts gathered in London on 27-28 January for discussions framed by Chatham House as follows:

“Enduring political uncertainties and unfolding geopolitical changes that pose a number of challenges for oil and gas producers in the Middle East and North Africa. Policymakers must meet growing domestic demand for energy whilst maintaining export prices to sustain national economic goals, and continue to foster opportunities for investment from international energy companies.

The tilt in energy demand to Asian markets and competition from unconventional hydrocarbon production represents shifts in the established global energy order; how producers in the MENA region adapt to these changes will be critical to their long term economic health. (This Chatham House conference addressed) …the key concerns for energy producers in the MENA region, and explored how political, economic and market factors are reshaping the energy sector in the region and beyond”.

  • IEF Secretary General Aldo Flores took part in the opening panel discussion to explore the following:
  • Which political scenarios need to be considered at a time of uncertainty for the region?
  • What are the implications of unconventional oil and gas production for Gulf producers?
  • How is the energy relationship between Asia and the Gulf likely to develop?
  • How able are Asian markets to defend their strategic interests in the Middle East?

Moderated by Dr Robin Niblett, Director, Chatham House. Dr Flore’s fellow panelists included: Ambassador Carlos Pascual, Special Envoy and Coordinator for International Energy Affairs, US Department of State, Dr Valérie Marcel, Associate Fellow, Energy, Environment and Resources, Chatham House, and Jon B Alterman, Director and Senior Fellow, Middle East Program, Center for Strategic and International Studies.

On the record speeches by UK Minister of State for Energy, the Rt Hon Michael Fallon MP, and OPEC Secretary General, HE Abdalla Salem el-Badri delivered in a session on Gulf Region Scenarios chaired by Jane Kinninmont, Senior Research Fellow, MENA Programme, Chatham House can be found below:

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