Colby Connelly is a senior fellow at the Middle East Institute (MEI), where he focuses on oil and gas markets, liquified natural gas (LNG), aboveground risk, corporate strategy, and the impact of the energy transition on oil- and gas-producing states. He is also the head of Middle East content and senior analyst at Energy Intelligence, where he works with the firm’s research and advisory practices.
Before joining MEI, Mr. Connelly was a research associate at the Arab Gulf States Institute in Washington, where he specialized in the economies of the Gulf Cooperation Council (GCC) region, with a particular focus on national oil companies and domestic energy markets. He also spent several years as a contractor in Saudi Arabia, supporting workforce nationalization initiatives and designing and managing training programs for employees in Saudi energy and critical infrastructure sectors. Additionally, he served as a contributor to IHS Markit’s Middle East and North Africa country risk service for nearly eight years.
He holds an MA from Johns Hopkins University and a BA from James Madison University.
The Outlook for Energy Demand Growth in the Middle East and North Africa: Regional Supply as a Critical Driver of Demand
The Middle East and North Africa is typically viewed from afar as a region of major energy exporters rather than consumers. Consumption patterns vary significantly within the region itself, but a variety of factors warrant giving its energy demand much closer attention than it generally receives on an international level. The range of factors that will determine the changes in demand from every country in the region, each with their respective intricacies, are far too numerous to examine in the space of this study. However, many of the key drivers that are expected to have a broad impact on shaping the evolution of regional demand to the end of the current decade deserve critical review.
The Outlook for Energy Demand Growth in the MENA Region
The MENA region is set to experience substantial growth in demand for energy during the remaining years of the present decade. Factors driving this growth vary enormously by sub-region and individual country, but there are broad similarities in the forms of both primary and final energy demand growth that are expected to materialize by 2030.
Eastern Mediterranean gas discoveries, progress, and what to watch in 2023
The challenge of developing export strategies for the offshore natural gas resources concentrated in the Eastern Mediterranean predates the Russo-Ukrainian war. Yet over the course of 2022, Europe’s intensifying energy crisis created a new and more immediate incentive to solve those export challenges, despite a great deal of work still to be done.
أوبك بلس تواجه اختبارات جديدة لاستراتيجيتها لموازنة السوق في عام 2022
عندما أعلن البيت الأبيض في عهد الرئيس جو بايدن أنه قد نجح في ضم العديد من الدول الرئيسية المستهلكة للنفط في محاولة لتنسيق عمليات الإفراج عن احتياطيات البترول الاستراتيجية (SPRs) حول العالم، بدا أن هذا سيكون العامل الرئيسي الوحيد في أسواق النفط التي ستناقشه أوبك بلس في
OPEC+ faces new tests to its market balancing strategy in 2022
When President Joe Biden’s White House announced that it had successfully enlisted several major oil-consuming countries in an effort to coordinate releases from strategic petroleum reserves (SPRs) around the world, it looked like this would be the only major factor in oil markets that OPEC+ would need to consider at its upcoming meeting on Dec. 2. Then came Omicron. The newly discovered variant of the COVID-19 virus sent benchmark oil prices plunging on Nov. 26 as uncertainty over its impact roiled global markets.
