Global gas demand still growing

06-05-04 According to the chairman of the Gas Manufactures Society, Muhammad Al-Khalifah, international gas demand grows by 2.4 % every year, expecting this rate to be steady till 2030.
Al-Khalifah said that despite the decrease in demand for LNG last year, gas remained the fastest growing sector in the energy field.

Al-Khalifa also said that the major increase in demand for gas in the Gulf area is for generating electricity and desalination, indicating that this type of demand is rising by 14 % every year.
Fixed reserves of gas in the region were estimated at 29 bn cm, from which Qatar owns 49 %, followed by Saudi Arabia and the United Arab Emirates (UAE). The Dolphin Line project, costing $ 10 bn, was aimed at supplying the UAE with 56.6 mm cm of Qatari gas per day.

 

Source: Neftegaz.RU