Middle East Economic Survey


No 32


MEES Agenda

MENA LNG Production Limited By Rising Local Demand And Ageing Facilities

Global LNG demand is rising sharply, with industry analysts expecting consumption to exceed 500mn tons/year by 2030, compared with around 165mn t/y last year. According to BPs latest Statistical Review of World Energy, some 43% of this was supplied by LNG producers in the Middle East and North Africa, with their share of supply set to rise significantly as Qatar...