Middle East Economic Survey

VOL. LIII

No 18

03-May-2010

Surging Demand Threatens Middle East Exports

The Middle East is entering a new energy era, in which soaring domestic demand threatens to cripple crude export potential, while producers will be sorely tested to provide enough gas for their citizens electricity needs.

The Gulfs gas and demand challenges have been increasingly prominent themes in the local oil and gas industry over the past few years. But estimates recently revealed by regional...