Assessing Energy Policy Instruments: LNG Imports Into Saudi Arabia

  • Focus Area Future of Natural Gas Markets Future of Natural Gas Markets
  • Type Discussion paper
  • Date 2 September 2019
Print

Abstract

Natural gas is already playing a prominent role in diversifying Saudi Arabia’s power mix away from a heavy reliance on oil-based fuels. Between 2010 and 2017, the share of natural gas used in power generation in Saudi Arabia grew from 44% to 54%. The country’s gas fields are being developed to increase domestic gas supplies. However, imported liquefied natural gas (LNG) could remedy the near-term scarcity of gas from domestic sources and provide the support needed to integrate more renewable and other alternative sources of energy into the country’s power mix. Developments in global gas markets in recent years, including procurement and technological innovations in LNG, have unlocked value for producers and consumers.

Authors

Rami Shabaneh

Rami Shabaneh

Research Fellow Rami Shabaneh is a fellow in the Oil and Gas program, with a focus on global gas and hydrogen markets.… Rami Shabaneh is a fellow in the Oil and Gas program, with a focus on global gas and hydrogen markets. Rami has nearly 15 years of research and industry experience analyzing energy markets and energy policy. Before joining KAPSARC, Rami worked at Cenovus Energy as a market fundamentals analyst, providing analytic support on specific issues affecting North American gas, natural gas liquids and condensate markets. His work informed the company’s hedging strategies. Before working at Cenovus Energy, Rami spent three years as a research economist at the Canadian Energy Research Institute. He holds a B.Sc. in actuarial science and an M.Sc. in sustainable energy development from the University of Calgary.  

Expertise

  • Natural Gas and Hydrogen

Publications See all Rami Shabaneh’s publications

Maxime Schenckery

Maxime Schenckery

Visiting Researcher Maxime has over 20 years of experience in the oil and gas industry. Prior to joining KAPSARC, he supervised economic… Maxime has over 20 years of experience in the oil and gas industry. Prior to joining KAPSARC, he supervised economic analyses and energy market forecasts in a large national oil company. Also, as a senior economic advisor at the French Embassy in the U.S., he facilitated alignment work between French government representatives and U.S. counterparts. Maxime headed the Petroleum and Management Master’s degree at the French Petroleum Institute and was lead consultant for eBusiness at Ernst & Young. He has contributed to the Future of Natural Gas in Saudi Arabia project since October 2017. Maxime is also an associate professor in economics at IFP School, France, and an associate investigator at ORDECSYS, Switzerland.

Share this Publication

Related projects

See all projects

Stay informed

 I'm interested in

Select the updates you'd like to receive from us

About

A bit about you