VOL. XLIV

No. 20

14-May-2001

Basic Dilemma Of Gas Pricing In The Middle East: Project Profit Versus Economic Loss

by Thomas R Stauffer

The following article was written for MEES by Thomas Stauffer, energy consultant. Dr Stauffer formerly taught economics at Harvard and Georgetown universities.

1. Background

This paper focuses on the "gas side" of the equation. Valuing gas as feedstock or fuel in the Gulf or the Maghreb is intrinsically complex. It involves economic and policy issues which do not...