Saudi Arabia and the United Arab Emirates have been working to increase their domestic gas production.
Oman plans expansion of gas production and is considering creating a new company to manage Oman’s gas assets by the end of this yearThe world’s top oil exporting region, the Middle East, is looking to boost natural gas production and exports as global and local gas demand is set to grow in the coming years.
The highly volatile global gas market since the Russian invasion of Ukraine and the expected strong demand for LNG in Europe as it seeks to cut off dependence on Russia are bullish factors for those Middle Eastern oil and gas producers with plans to export more LNG. Demand for non-Russian gas in Europe is set to be robust for years as the EU looks to replace as much pipeline gas from Russia as soon as possible.
Qatar is leading the Middle East’s response to global LNG demand with the world’s biggest LNG expansion project ever. Other producers in the Gulf also aim to boost production and exports, as well as domestic consumption of gas for power generation to reduce the amount of oil burned for electricity, freeing more crude for exports. last year the world’s largest LNG project, North Field East Project , which is set to raise Qatar’s LNG production capacity from 77 million tons per annum to 110 mmtpa.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ConcernedApe 'still in the middle of everything' with Haunted ChocolatierStardew Valley creator ConcernedApe reiterates that Haunted Chocolatier is 'gonna be its own game with a self-contained identity... it's not a 'Stardew 2.''
Read more »
La Vita provides update on new restaurant opening in Glasgow's East EndPOPULAR Italian restaurant La Vita has given an update on the opening of its East End chain.
Read more »
Planting server farms on US East Coast: A political battleSmall-town troubles go hyperscale in one Virginia county over land, resources, and noise
Read more »
Man stabbed in Glasgow's east end as police launch probeAnyone with information that could help with the police investigation is urged to come forward. Officers stressed that information can be passed on anonymously.
Read more »
East Coast train services disrupted after overhead wires damagedThe incident between Newark and Grantham has prevented trains leaving or arriving at London Kings Cross
Read more »