GRM 2010 GRM 2011

Abstract Details

 
AUTHOR NAME
 
Family Name:
Salem
 
First Name:
Hilmi S.
 
ABSTRACT OF PAPER
 
Title of Paper:
Iran-GCC Energy Cooperation: A Win-Win Case
 
Paper Proposal Text :
Iran-GCC Energy Cooperation: A Win-Win Case
SESSION: IRAN-GCC ENERGY COOPERATION
Author: Prof. Dr. Hilmi S. Salem
Sustainable Development Research Institute (SDRI)
Bethlehem, West Bank, Palestine (Occupied)
Mobile: +970-597-206-555
E-mail: hilmisalem@yahoo.com ; hilmisalem@live.com

An Abstract Submitted to the 6th Annual Gulf Research Meeting
Gulf Research Center Cambridge
University of Cambridge – August 24-27, 2015

ABSTRACT
The Islamic Republic of Iran (Iran), on the one hand, and the six Arab member states in the Gulf Cooperation Council (GCC) on the other hand, including the Kingdom of Bahrain (KoB), the State of Kuwait (SoK), the Sultanate of Oman (SoO), the State of Qatar (SoQ), the Kingdom of Saudi Arabia (KSA), and the United Arab Emirates (UAE), can be one of the strongest global pillars with respect to energy reserves, production, trade, and manufacturing. The two blocks (Iran and GCC), with a total population of 131 million (about 80 millions in Iran and 51 millions in GCC); a total area of 4,321,303 km2 (1,648,195 km2 for Iran, and 2,673,108 km2 for GCC), and a total GDP of 2924 Trillion USD ($1,284 trillion for Iran and $1,640 trillion for GCC), can be, if they cooperate together, major players in the international arena. Both blocks (Iran and GCC) have a strategic location as they are located on the Gulf with a coastal length of 989 km, with Iran covering most of the northern coast and KSA covering most of the southern coast. The Gulf region, comprised of the six GCC countries plus Iran and Iraq, holds 56% and 40% of the world’s conventional oil and gas proven reserves. In 2013, the six GCC countries produced together 24% of the world\\\'s total crude oil production. In total, the GCC states control around 30% of the world\\\'s crude oil reserve, which definitely adds to the global importance of the Gulf region. Iran holds the world\\\'s fourth-largest proved crude oil reserves and the world\\\'s second-largest natural gas reserves. This makes nearly 10% of the world\\\'s crude oil reserves and 13% of OPEC reserves. Four of the top countries with the biggest proven oil reserves internationally, as reported by the US Energy Information Administration (EIA), are KSA, Iran, Kuwait, and UAE.

Accordingly, the two blocks of the Gulf (Iran and GCC) can internationally be a central unit, geographically, demographically, economically, socially and industrially, with respect to energy (fossil and renewable). Over the past three decades, GCC and Iran have witnessed an unprecedented economic and social transformation. Oil proceeds in both GCC and Iran have been used to modernize infrastructure, create employment, and improve social indicators, while they have been able to accumulate official reserves, maintain relatively low external debt, and remain important donors to poor countries. This paper sheds some light on the capabilities of each of the two blocks (Iran and GCC) to push forward towards an effective energy body across the world, which in turn will affect the policy- and decision-making, internationally. The paper also sheds some light on the obstacles that may face the aspiration of the population in the Gulf region in achieving sustainability for the whole Gulf region and beyond.

Keywords: Iran, GCC, Gulf Region, Energy (Oil, Natural Gas, Renewable) Sources and Technologies, OPEC, Energy Industry, Socioeconomic Development, Sustainability, Population (Demography), Geography, Peace and War, Cultures.

 
 
 

WITH THE GENEROUS SUPPORT OF