2022 Year in Review
The Year in Review is YDS’ biggest and most exciting publication of the year - featuring analysis that covers the most significant and impactful events that have shaped our world.
The 2022 Year in Review explores key events in all regions, from the overturning of Roe v Wade, the war in Ukraine, and the UK leadership crisis, this year’s edition is not one to miss!
Read it now !
The Year in Review is YDS’ biggest and most exciting publication of the year - featuring analysis that covers the most significant and impactful events that have shaped our world.
The 2022 Year in Review explores key events in all regions, from the overturning of Roe v Wade, the war in Ukraine, and the UK leadership crisis, this year’s edition is not one to miss!
Read it now !
OUT WITH THE OLD, IN WITH THENEW: ALTERNATIVE ENERGYSOURCES IN THE MIDDLE EASTAND NORTH AFRICADominique JonesRussia’s invasion of Ukraine has exposed the vulnerability that arisesfrom neglecting energy resource diversification. A scramble hasensued to find alternative energy sources, resulting in a renewedinterest in some Middle Eastern and North African (MENA) states.Which MENA states are the most well-positioned to make the most ofthe changing balance of power in the international energy market?P A G E 1 3 6P H O T O : C H R I S L I V E R A N I O NU N S P L A S H
Qatar is a major gas exporter. Specifically, in 2020 it was the second-largestexporter of natural gas in the world. This is because the emirate holds the thirdlargestgas reserves in the world after Russia and Iran. It also shares the world’slargest gas reserve with Iran. Earlier this year Qatar opened the Barzan gas plant,which has been responsible for driving the Middle East’s growing energy exports.Between January and September of this year, Qatar was the third largestliquified natural gas (LNG) exporter to the European Union (EU) behind theUnited States and Russia. However, Doha has been stern in itsacknowledgement that Qatari gas will not be able to replace Russian gas. Thereason for this is two-fold.Firstly, there are no direct pipelines between Qatar and Europe through which totransport LNG. This means that Qatari energy would have to be shipped toEurope in liquefied form, which is an energy-intensive process that considerablyoffsets the climate benefits of using natural gas. The lack of infrastructure wasbrought up by Qatar at the Gas Exporting Countries Forum. It was noted thatsignificant investment and long-term contractual certainty were essential tosupply Europe with gas.Secondly, Qatar must uphold its contractual obligations of non-diversion to itsAsian consumers. Approximately 80% of Qatar’s LNG is exported to Asia withSouth Korea, India, China and Japan as its biggest importers. With LNG exportsalready allocated to these states, Qatar must produce more LNG to meet thedemands of both its Asian and new European clients. This muddies Qatar’scapacity to become Europe’s outright energy saviour.P A G E 1 3 7
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OUT WITH THE OLD, IN WITH THE
NEW: ALTERNATIVE ENERGY
SOURCES IN THE MIDDLE EAST
AND NORTH AFRICA
Dominique Jones
Russia’s invasion of Ukraine has exposed the vulnerability that arises
from neglecting energy resource diversification. A scramble has
ensued to find alternative energy sources, resulting in a renewed
interest in some Middle Eastern and North African (MENA) states.
Which MENA states are the most well-positioned to make the most of
the changing balance of power in the international energy market?
P A G E 1 3 6
P H O T O : C H R I S L I V E R A N I O N
U N S P L A S H
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