Middle East Economic Survey

VOL. L

No 26

25-June-2007

SUPPLY/DEMAND

BP Estimates Global Gas Production Grew 3% In 2006, While LNG Supply Rose 11.8%

Worldwide gas production rose by 3% in 2006, slightly above the 10-year average, according to the BP Statistical Review of World Energy 2007, published on 12 June (MEES, 18 June). The report says that Russia accounted for the largest incremental growth in production, with annual output rising from 598.0 bcm in 2005 to 612.1 bcm in 2006. Total Middle...