Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Mideast plans big spending on gas to meet demand
The region’s gas producers are investing heavily in the fuel in order to satisfy burgeoning demand resulting from economic growth and a shift to cleaner fuels
Qatar’s Golden Pass dilemma
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
Letter from Dubai: A safe haven under fire
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
Explainer: Fujairah on high alert
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
Letter from the Middle East: Aramco provides big global gas reveal
The Saudi energy leader’s announcement of first production at Jafurah and the launch of operations at the Tanajib Gas Plant marks a turning point not just for the company, but for the world’s energy landscape
Kuwait: Global reach, petroleum heart
As KPC deepens international partnerships, expands capacity and builds on breakthrough offshore success, Shaikh Nawaf S. Al Sabah says oil interdependence—not self sufficiency—will define the energy system for decades to come
Letter from Saudi Arabia: Big oil meets big shovel
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
Outlook 2026: From wells to wafers – How MENA is powering the new energy–data nexus
Leading economies in the region are using oil and gas revenues to fund mineral strategies and power hyperscale computing
Letter from Saudi Arabia: US-Saudi energy ties enter a new phase
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
Letter from Abu Dhabi: ADNOC’s evolution putting it atop the energy chain
Once a national oil champion, the company is now so much more
Qatar Saudi Arabia Oman Bahrain UAE Kuwait
Gerald Butt
30 August 2017
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Many wings over the Gulf

The GCC/Qatar crisis is only the latest and most serious case of Gulf oil producers putting sovereignty above regional integration

There was a day when Gulf Air—tayran al-khalij in Arabic, which literally means 'the airline of the Gulf'—was just that. Or nearly. In the final decades of the last century, Gulf Air was a joint venture involving the governments of Bahrain, Abu Dhabi, Oman and Qatar. Not a bad base to build on. The formation of the Gulf Cooperation Council (GCC) in 1980 had led to hopes that the national airlines of Kuwait and Saudi Arabia would come under the Gulf Air umbrella—providing an obvious early success story for the new regional grouping of oil producers. Not only did those two states fail to sign up, but over the space of a few years Qatar, Abu Dhabi and Oman pulled out of the joint venture, leavi

Also in this section
Billion-dollar deal sees Gabon swap barrels for instant cash
29 April 2026
Trafigura’s $1b prepayment agreement confirms African resource holders’ renewed interest in oil-backed financing deals as they look to capitalise on high oil prices
Why the UAE decided to quit OPEC
29 April 2026
The UAE’s departure from the oil producers’ group was a surprise to many, but the move can be traced back to a single point five years ago
Letter from the US: This crisis Is different
Opinion
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
Middle East oil’s multi-step recovery plan
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search