Middle East Economic Survey

VOL. LIII

No 25

21-Jun-2010

REGIONAL

GCC Gas Shortage Worsening To 2015, Says Booz & Co

Bahrain, Kuwait, Oman, Saudi Arabia and the UAE will soon find themselves in uncharted territory, facing a gas shortage that will become more pronounced at least up until 2015, consultant Booz & Company says in a new report. As demand for power generation from some industrial sectors outpaces gas exploration and production in the region, GCC countries which hold roughly 23%...