Middle East Economic Survey
UAE Faces Gas Crisis
Rafiq Latta reports from Abu Dhabi.
The UAE faces a severe shortage of gas, and the effects of the coming crisis are already being felt. The supply/demand gap at peak demand last summer widened to 1bn cfd. This forced UAE power stations to burn expensive diesel. And unless vigorous action is taken on a number of tracks the shortage threatens to endanger economic expansion plans, warned speakers at the Gas Arabia 2008...