Middle East Economic Survey

VOL. LII

No 10

9-Mar-2009

Saudi Aramco Looks To Gulf Offshore For Gas Boost

State-owned Saudi Aramco is fast-tracking development of two Gulf offshore non-associated gas fields 'Arabiyah and Hasbah as the next major step in Saudi Arabias strategically vital gas expansion program, MEES learns. Demand for gas is surging on the back of massive growth in petrochemicals production, power generation and water desalination. But exploration results from joint ventures with...