Saudi Arabia’s economy is passing through a phase of transformation in which some resources will be freed from existing usages and allocated to new development opportunities. Making decisions based on an incorrect assessment of the opportunity cost or value of these resources could lead to incorrect capital allocations toward investment in various projects. For instance, […]

Co-hosted With Khalifa University and International Association for Energy Economics (IAEE) Natural gas has been instrumental in meeting growing power demand in Gulf Cooperation Council (GCC) countries and establishing industrial bases that have contributed to their economic growth. Within the last decade, regional gas demand has grown by 100 billion cubic meters (bcm), placing GCC […]