The Emirates Diplomatic Academy has published an EDA Insight titled The UAE/Saudi Arabia–East Asia Energy Relations: Towards More Dynamic and Diverse, authored by Dr Makio Yamada. This Insight explores the changing patterns of energy relations between the UAE/Saudi Arabia and East Asian countries.
The UAE/Saudi Arabia–East Asia energy relations are becoming more dynamic and diverse. As a result, identifying the overarching trend in their development is no longer an easy task.
These relations are underpinned by two global energy-related trends: the oil glut and the shift to non-hydrocarbon energy. In the area of hydrocarbons, the growing East Asian economies provide the UAE and Saudi Arabia with opportunities in terms of markets to export their oil and sources of investment in their oil industry. East Asian firms’ growing interest in the solar markets in the UAE and Saudi Arabia also provides the latter with greater options in selecting partners in this field.
The rise of East Asian nuclear-reactor exporters gives the UAE and Saudi Arabia greater options in choosing their partners for their nuclear power development programmes going forward. However, it is desirable for the UAE and Saudi Arabia to carry out strict feasibility assessments before making an agreement – not only with emerging reactor-exporters but also with established ones – if they decide to include or expand nuclear power as component of their future power supply plans.
Please note that EDA’s research outputs do not necessarily represent the views of the UAE government but seek to address issues that foreign-policy experts and practitioners both in the UAE and worldwide will find informative and relevant.