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.
Senior Fellow- Oil & Gas
Rami Shabaneh is a senior fellow in the Oil and Gas program, with a focus on global gas and hydrogen…
Rami Shabaneh is a senior 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
European Gas Supply Diversification: What Is the Role of Middle Eastern and African Liquefied Natural Gas?
Natural gas is already playing a prominent role in diversifying Saudi Arabia’s power mix away…
23rd May 2024The Clean Hydrogen Economy and Saudi Arabia
Natural gas is already playing a prominent role in diversifying Saudi Arabia’s power mix away…
18th April 2024