GCC ENERGY IMPORTS BY ASIAN POWERS: NAVIGATING THE GLOBAL ENERGY MARKET AND GEOPOLITICAL CHALLENGESi

The Asian market is of critical importance to the future energy export calculations of the Gulf Cooperation Council (GCC), where east and southern Asia constitute the main export destination of GCC energy exports and has the largest potential for growth. The energy trade between the GCC and Asian powers is central to the GCC’s political economy, but this relationship must adapt to the major geopolitical shifts that are currently taking place. This chapter aims to provide a comprehensive analysis of GCC energy imports and to identify policyrelevant conclusions for the GCC in light of key global energy market trends and challenges with regard to Asian powers.