For resource rich-economies, the high reliance on hydrocarbon revenues, coupled with the risk of fluctuations in prices, creates well-known pitfalls. The current market and policy environment is adding to these uncertainties, with questions surrounding the impact of the shale revolution in the short term, along with longer-term structural questions about the outlook for demand. In response to these changing conditions, many major producers are displaying a renewed commitment to reform and economic diversification.
This analysis provides a comprehensive assessment of how the prospects for major oil and gas producer economies evolve in various scenarios to 2040.
- Assesses the impact of different price and demand trajectories on revenues from oil and gas in several key producer economies
- Explores the ways in which the energy sector can help mitigate vulnerabilities and support economic diversification
- Examines the potential implications of different pathways for energy markets, global environmental goals, and energy security
See also press release
Read key findings