The King Abdullah Petroleum Studies and Research Center (KAPSARC) is an advisory think tank within global energy economics and sustainability providing services to entities and authorities in the Saudi energy sector. located in Riyadh, Saudi Arabia. Founded on July 10, 2007, by the Saudi Council of Ministers, the center brings together an international group of expert researchers of more than 15 nationalities, with a mandate to advance the understanding of domestic and global energy challenges and opportunities, through objective research that informs quality decision-making to enhance global economic outlook.