There is a curious imbalance in energy markets in the Persian Gulf region: Five of the six Gulf monarchies exhibit shortages in domestic supply of natural gas. Meanwhile, Qatar holds the world's third-largest conventional reserves and is the second-largest natural gas exporter in the world. Why is Qatar, given its enormous resources and relatively small domestic needs, unwilling to supply gas sufficient to meet its neighbors' demands?
Published by The London School of Economics and Political Science, March 2014.
By Jim Krane and Steven Wright