US balances old energy alliances with new
Washington remains committed to GCC nations but is also strengthening relationships in Asia-Pacific and beyond, says State Department
The world is entering a new era of energy partnerships that better reflect changes driven by the US’ domestic energy supply boom, by the energy transition and by broader geopolitical dynamics, according to a Department of State official. Washington is looking beyond its traditional Middle East relationships to Asia-Pacific, as well as trying to combat growing Russian influence in energy producing nations. “The US transition from scarcity to abundance is opening a new era of opportunity,” Francis R Fannon, assistant secretary of state for energy resources, told the Adipec conference in Abu Dhabi in November. “We are entering a new era built on partnerships.” GCC countries should be reassure
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