Oil and gas

Regional forecast Middle East and North Africa - Energy Transition Outlook 2020

Is the Middle East and North Africa region on track to realize its vast renewable-energy potential and diversify its energy sources by 2050?
ETO MENA Cover

Contact us:

Michelle Natalie McLeod

Michelle Natalie McLeod

Marketing Communications Specialist

The Middle East & North Africa Energy Transition Report describes DNV GL’s view of the most likely development of the region’s energy future, and details the dynamics, challenges and opportunities ahead through to 2050.
  • Middle East and North Africa will account for 85% of conventional onshore oil production by mid-century. This means that among producers, the Middle East and North Africa will out-compete other regions in the long run.
  • The region is taking serious steps to realize its vast renewable-energy potential and diversify its energy sources
  • Key policies will aim ‘to green’ supply chains and reduce per capita energy consumption
  • While natural gas will remain the dominant source of power generation in the medium term, there will be fast uptake of renewable technologies
  • Even in this oil and gas rich region, variable renewables will produce more than half the power in 2050
  • Electricity demand in the region will almost triple by 2050. 

Read the full report: Energy Transition Outlook 2020

Contact us:

Michelle Natalie McLeod

Michelle Natalie McLeod

Marketing Communications Specialist

(optional)
(optional)