Subsidy reform is essential – however energy efficient the Gulf becomes

Issue 963 - 07 Feb 2014 | 3 minute read

The Gulf’s soaring domestic energy consumption – the result of profligate use of natural resources as well as massive population growth – is well documented, as is the political sensitivity of restructuring the subsidies that drive it. Low energy tariffs play a major part in the domestic consumption that has seen energy intensity rates in the Gulf continue to rise, while in the rest of the world they come down. According to Deloitte, in 2008, each person in the Gulf Co-operation Council (GCC) states consumed on average 9.65TWh of electricity against a global average of 2.782TWh and a Middle East average of 3.384TWh

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

This article is available to registered users


Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles and set up news alerts.


Join our community

Sign up for an account to gain:

View a selection of Free articles

Explore subscription options

Follow us on Google News