Middle East Views

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Tight Gas To Displace Shale

Aramco's strategic shift away from shale gas and towards tight gas will offer a more economically viable route to unconventional resource development. However, given various technological and...

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Onshore Gas Stagnates As Shell Divests

Shell's exit from the Kidan gas development JV highlights the effects of unattractive state-set gas prices on Saudi's gas sector. In the absence of adequate pricing reform, we predict slow progress...

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Growth Forecasts Revised Downward

We have modestly revised downward Iraq's 2014 and 2015 real GDP growth forecasts. Increasing political instability will result in a marked decline in the expansion of the domestic economy, however...

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