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  1. Iran Plans Major Gas Storage Expansion To Face Winter Shortages

    ...a pipeline to consumers. In addition to meeting local demand in the high season, the gas storage facilities were envisioned to reduce reliance on imports from Turkmenistan, which peaked at around 9.3bcm in 2017. GAS GIANT WITH PUNY STORAGE    Iran boasts the world’s second largest proven gas re...

    Volume: 66
    Issue: 49
    Published at Fri, 08 Dec 2023

  2. Saudi Arabia Budgets For $21bn Deficit In 2024

    ...sults, which show a 41.5% year-on-year increase to $54.1bn in capital expenditure. This is the highest figure since 2017, and with much of the investment responsibilities having been moved off-budget to state entities such as PIF, this indicates significantly higher investments than six years ago. De...

    Volume: 66
    Issue: 49
    Published at Fri, 08 Dec 2023