Middle East Economic Survey

VOL. LI

No 8

25-February-2008

UAE

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...