Middle East Economic Survey


No 48



MEES Agenda

Looming Gas Glut And Upstream Constraints Hamper North African Export Plans

Delays to Algerias two 8 bcm/year piped gas export projects were announced this month. There are also indications that the new LNG project at Skikda is falling further behind schedule. These slippages coincide with a collapse in prices over the last 12 months, and a bearish gas market outlook that has caused immense frustration for big gas exporters,...