• Focus Area Regional Energy Markets Regional Energy Markets
  • Type Discussion paper
  • Date 23 May 2024
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Abstract

This paper investigates the role of the Middle East and Africa (MEA) in supplying liquefied natural gas (LNG) to Europe in the context of sustained Russian gas pipeline disruptions. A linear programming optimization model, Nexant’s World Gas Model (March 2023 update), is used to assess various scenarios reflecting gas supply and demand uncertainties. Three alternative scenarios are considered: an MEA expanded LNG capacity scenario that assumes a larger MEA LNG supply than the reference case, an MEA expanded LNG capacity with a ban on Russian LNG supply and an aggressive gas demand reduction scenario that considers a pessimistic gas profile due to an accelerated energy transition.

Authors

Sid Ahmed Hamdani

Sid Ahmed Hamdani

Fellow

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

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