INTERNATIONAL

 

BP Lays Out Eastern Shift In Global Gas Demand

 

BP’s recently released ‘Energy Outlook 2035’ highlights several key regional trends with major implications for gas supply/demand balance. Whilst BP expects Middle East gas production to rise by 74%, demand is set to rise by 95%, driven by growth in industry and power generation.

Power demand in the region will grow by 79%, while gas will maintain a dominant position at 72% of the power...