Thursday, 6 September 2018

Analysis: Price distortions hamper pan-Arab energy market integration

Governments in the Gulf Cooperation Council (GCC) are preparing to take action to remove fuel subsidies and other price distortions that have for long rendered electricity trade unattractive, and undermined the creation of a pan-Arab energy market. Under discussion are cost-reflective fuel pricing, open-grid access and a gradual integration of existing interconnectors.

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