NATURAL GAS PLAYING INCREASINGLY IMPORTANT ROLE IN MIDDLE EAST ENERGY MIX
January 1st, 2016
Natural gas has played an increasing part in meeting the Middle East’s domestic energy needs. Its role and significance vary for each country, but demand is driven mainly by gas-intensive industries and electricity generation, which is strongly seasonal, peaking during the summer due to air conditioning loads.
The end of comprehensive international sanctions on Iran from January 2016 has raised hopes that its massive gas reserves will help the Middle East to match gas supply with ever increasing demand. National oil companies (NOCs) have been investing in the ...
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