Work

Shifting national interest in petroleum-producing countries during the energy transition: the Omani experience

Year: 2024

Type: article

Abstract: Petroleum-producing countries are at particular economic and social risk during the energy transition, primarily due to the shift from petroleum revenues that can be used to stabilize the state to the development of renewable energy sources, which do not bring revenue to the state. Exploring this conundrum within the context of the national interest, this article examines petroleum-producing countries, focusing on Oman as an example of a non-democratic rentier state. Examining the national interest as both a concept and a practice within the energy sector, the study concludes that the energy transition will place certain challenges on the Omani government, but with a focus on establishing investment opportunities and energy justice, there are many positive experiences ahead for Oman.

Source: The Journal of World Energy Law & Business

DOI: 10.1093/jwelb/jwae019

Authors: Ahad Al Yahyai, Tina Soliman-Hunter

Institutions: Sultan Qaboos University, Macquarie University

Language: English

Topic: Natural Resources and Economic Development

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Affordable and clean energy, Peace, justice, and strong institutions

Open Access status: hybrid

Estimated APC paid: $4,760