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The Middle East Gulf nations are wrestling with persistent natural gas shortages

| Apr. 09, 2010

It is a problem with no simple solution: despite abundant reserves, the Middle East continues to run short of natural gas.

The impact of the shortage, already evident in the feedstock slate for many new petrochemical projects, is gradually being felt in markets as well.

The price rally in many products earlier this year was supported not only by robust demand and delays in the commissioning of projects, but also by lower operating rates at some Middle East plants, the result of reduced gas availability, according to one market player.

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Book Chapter

Rebuilding Critical Energy Assets in Times of Disaster

The back-to-back disasters that captivated and horrified the American public; the September 11th attacks, the Northeast power blackout of 2003, and Hurricanes Katrina (2005) and Ike (2008), bombarded America with images of sacrifice and survivors. The ever present emergency worker has been proclaimed the hero of the early 21st century. Outside of these iconic images, little thought is given to the primary backbone of the support network that springs into action after a large scale disaster, energy. Without energy, in the form of electricity and fuel, there would be no relief workers, little or no sanitation, and for all intents and purposes, the survivors would be stranded.