Middle East Economic Survey
Abu Dhabis Gas Crunch Worsens
Abu Dhabis gas crisis will worsen until 2014, and continue until 2017 unless it finds an alternative to domestic gas, due to delays in major development projects. It already faces a 2bn cu ft/day shortage this summer during peak demand for air conditioning. And electricity demand, which grew last year at 11%, will keep soaring this decade.
The emirate needs to provide an extra 3.482gw of power capacity...