Current MENA Energy Developments: The Trends By Sub-Region and Country
March 15, 2004
As has been discussed earlier, the efforts to model future energy developments in the MENA region described in the previous chapters are based on projections of market forces and not on an analysis of country energy development plans and national ability to implement them. There is no way to avoid this. Only a handful of MENA countries announced plans for modernizing and expanding their energy production and exports, and these only for limited periods in the future. Similarly, a risk assessment of the countries involved would require a net assessment of all of the strategic, military, political, economic, demographic, and social issues that affect each country. This is a level of analysis that is scarcely practical in a regional overview and where the risk assessment would usually still have to be based largely on speculation.