by maildunais | 28 Feb 2021 | Jean-François Seznec, Nicolas Dunais
Is the new drive behind the internationalization of the renminbi a game changer for hydrocarbon trade between China and the GCC? For the GCC’s oil & gas exporters, a shift towards the petro-yuan has long been perceived as detrimental to the strategic security partnership with the United States. In our latest report, the Atlantic Council’s Jean Francois Seznec and Azal Advisors Managing Director Nicolas Dunais argue that the combination of energy-flow rebalancing, loose US monetary policy, and financial reforms in China are paving the way for a broader acceptance of the renminbi by Gulf hydrocarbon exporters while minimizing risks to the relationship with the United States.
by maildunais | 26 Jan 2021 | Martin Keulertz
While GCC states have proven food-resilient during Covid-19, the looming effects of climate change on food security warrant efforts to develop adapted environmental and trade policies. In particular, GCC states need to place more emphasis on trade relations, yet also understanding the climate risks in producing countries to ensure future supply chain sustainability and thus food security.
by maildunais | 4 Dec 2020 | Giacomo Luciani
The global trend to decarbonize economies is set to have a direct impact on the oil-exporting countries of the Gulf. The latter can however mitigate and potentially profit from this trend if they decisively act and invest in carbon capture use and sequestration (CCUS) technology, thus securing and projecting a long-term future for hydrocarbons as a valuable and sustainable economic resource.
by maildunais | 1 Nov 2020 | Kate Dourian
Covid-19 has accelerated the will of many countries to engage in a “green recovery” with a reduced reliance on fossil fuels and in particular oil and coal. Given the abundant gas reserves in the Gulf and Eastern Mediterranean, and the need for a pragmatic approach to climate change mitigation, Gulf countries could lead the development of a regional gas-grid.
by maildunais | 29 Oct 2020 | Insights
In light of China’s expected push to full technology independence, GCC States would be well advised to conduct thorough reviews of the security implications of their technological partnerships with China, if only from the perspective of the ramifications this may have on their relationship with the United States.
