Joint Gulf Effort to Diversify Energy Export Channels

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The Secretary-General of the Gulf Cooperation Council, Jassim Al-Budaiwi, confirmed that the member states are working to diversify energy export outlets and ensure the continuity of supply chains, which enhances the flexibility of the Gulf energy system and its readiness to face rapid changes.

His Excellency the Secretary-General of the Cooperation Council @jasemalbudaiwi: The member states are working to diversify energy export outlets and ensure the continuity of supply chains, which enhances the flexibility of the Gulf energy system and its readiness to face rapid changes. @MOEIUAE @bahrainMoo @MoEnergySaudi @memgovom @qatarenergy @mookw https://t.co/tN2QOtcf96 #GCC

He pointed out that energy security has gone beyond production capacity to include ensuring the delivery of supplies and their continuity under various conditions, and that the member states are working to diversify energy export outlets and ensure the continuity of supply chains, which enhances the flexibility of the Gulf energy system and its readiness to face rapid changes.

This came during his speech at the 37th meeting of the Petroleum Cooperation Committee of the Gulf Cooperation Council, today, Monday, October 5, 2026, in the Bahraini capital, Manama, chaired by the Minister of Oil and Environment, the Special Envoy for Climate Affairs of the Kingdom of Bahrain, Dr. Mohammed bin Dena, the current chair of the Petroleum Cooperation Committee, and in the presence of members of the Electricity and Water Cooperation Committee of the Council.

The Secretary-General explained that the indicators for the year 2025 reflect the prominent position of the Council's countries in global energy markets, with crude oil reserves estimated at over 518 billion barrels, and natural gas reserves exceeding 44 trillion cubic meters. Meanwhile, crude oil production has surpassed 16 million barrels per day, and marketed natural gas production reached approximately 461 billion cubic meters. He emphasized that these indicators embody the strength of Gulf resources and capabilities, their efficient management, and the associated responsibility in supporting energy security and market stability.

He pointed out that the disruptions experienced in some energy transport routes and corridors highlight the importance of enhancing Gulf coordination to ensure the reliability of supplies, alongside continuing to adopt a balanced and realistic approach to energy transition that maintains supply security and market stability, while promoting sustainability and investment in modern technologies.

He stressed the importance of monitoring international legislation and measures with cross-border impacts, studying their implications on the energy sector and the exports of the Council's countries, and enhancing coordination and unifying Gulf perspectives on these matters, in a way that preserves the interests of the Council's countries and their competitiveness in global energy markets.