Middle East Economic Survey

VOL. XLVIII

No 49

5-December-2005

SUPPLY/DEMAND

WEO 2005 Predicts MENA Gas Production Will Treble By 2030

In the recently-published World Energy Outlook 2005 (WEO2005), the IEA projects that annual Middle East and North Africa (MENA) gas production could treble from 385bn cu ms (13.6 tcf) in 2003 to 1.211 trillion cu ms (42.8 tcf) in 2030. WEO 2005 predicts that the rate of growth will be faster than that of any other major world region. The biggest volume increases in...