Across the Middle East, countries rely to varying degrees on gas for power generation, with demand increasing substantially in the hot summer months when residents turn on air conditioning units. The Israel-US conflict with Iran that broke out on 28 February has complicated summer electricity plans through the region, with the closure of the Strait of Hormuz having several knock-on effects, including a reduction in associated gas production as oil fields were shut down (MEES, 6 March).
This impacts the various Gulf states in different ways, with Iraq the most exposed, while the UAE’s more diverse power mix leaves it in a relatively secure position. (CONTINUED – 2371 WORDS)
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