Tag Archives: Energy Sector in Arab World

Energy Efficiency in the Arab World: Key Findings

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Energy efficiency is the most cost effective means of reducing the energy intensity of the economy and promoting a low-carbon future in the Arab world. Energy efficiency further helps Arab states meet their SDGs on combating climate change and its impacts (SDG13), as it cuts down on GHG emissions resulting from excessive and inefficient consumption of energy. Energy efficiency improvements can save governments, companies, and citizens billions of dollars in the Arab region from reduced energy bills, while at the same time quickly reducing carbon footprints – a win-win solution. Many countries in the region are now moving ahead with … Continue reading →

Energy Sector in Arab Countries

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The Arab energy sector has played and will continue to play an important role in the regional as well as global economy. In addition to satisfying energy needs for economic and social development, it is the source of oil and gas export revenues contributing to economic development. The Arab oil and gas sector represents the largest economic sector in the region. Increase of oil revenues were the main drivers for economic development in most of the Arab oil producing countries. The Arab economies, as well, are heavily dependent on oil and gas to meet their domestic energy demand. Oil contributes … Continue reading →