Hundreds escape Mozambique prison amid election protests    Twenty years on: 'My boat was meters from the shore when the tsunami hit'    South Korean MPs file motion to impeach acting president    Celebrated Indian author MT Vasudevan Nair dies at 91    Syria says 14 security personnel killed in 'ambush' by Assad loyalists    Ministry of Interior: Over 28 million digital identities issued via Absher    King Salman and Crown Prince offer condolences to Azerbaijan president over plane crash    Shihana to continue serve as chief of reconstituted board of Saudi Authority for Intellectual Property    RDIA launches 2025 Research Grants on National Priorities    176 teams carry out 1.4 million volunteer hours at Prophet's Mosque in 2024    Damac appoints Portuguese coach Nuno Almeida    RCU launches women's football development project    Kuwait and Oman secure dramatic wins in Khaleeji Zain 26 Group A action    GASTAT: Protected land areas grow 7.1% in 2023, making up 18.1% of Kingdom's total land area    Financial gain: Saudi Arabia's banking transformation is delivering a wealth of benefits, to the Kingdom and beyond    Blake Lively's claims put spotlight on 'hostile' Hollywood tactics    Five things everyone should know about smoking    Gulf Cup: Hervé Renard calls for Saudi players to show pride    Saudi Arabia starts Gulf Cup 26 campaign with a disappointing loss to Bahrain    Do cigarettes belong in a museum    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Arabia's natural gas demand to surge over next 25 years
Published in The Saudi Gazette on 05 - 08 - 2008

GCC demand for gas is growing faster than the region's demand for oil, with projections that it could increase to the oil equivalent of more than 4 million bpd by 2010 and to 5.1 million bpd in 2015 and 6.4 million bpd to 2020.
According to OPEC the growth is expected to expand the proportion of gas in the Arab energy market to more than 46 percent by 2020.
Saudi Arabia's natural gas demand is expected to reach 14.5 billion cubic feet-a-day over the next 25 years, compared to around 5.5 billion cf/d at present.
All of Saudi Arabia's already substantial gas production is for domestic use, but much more is urgently needed and so far little has come from gas exploration projects with international oil companies in the Empty Quarter.
However, there are other good prospects on and offshore and Saudi Aramco has committed $1.5 billion to almost doubling output from its Karan gas field in the Gulf which is estimated to contain at least 9 trillion cubic feet of gas.
Dubai's demand for gas is rising by 15 percent a year, but in spite of possessing some 214 trillion in gas reserves the UAE does not supply enough gas domestically to power its electricity and desalination plant requirements.
The federation's main oil producer Abu Dhabi also uses almost 2 billion cf/d of its gas to re-inject into oilfields to maintain reservoir pressures.
Elsewhere, energy shortfalls are more manifest with delayed expansion at Aluminium Bahrain and Gulf Petrochemicals Industries' fertiliser plant. Ethane shortages are also stalling development of downstream industries in Saudi Arabia.
Bahrain, which needs to double its gas supply in the next ten years, is at the forefront of those in the Gulf calling for a regional gas network as power and feedstock requirements for a growing industrial base increase dramatically.
Qatar meanwhile, even with its huge gas resources and status as the world's biggest LNG exporter, has declared a pause on new export projects declaring that domestic requirements will take priority.
The emirate consumed 2.2 billion cf/d of gas in 2006 and local demand is expected to rise to 4.3 billion cf/d by 2012.
Abu Dhabi-based Dolphin Energy is supplying gas from Qatar through a sub-sea pipeline to Abu Dhabi Electricity & Water Authority and Dubai Supply Authority, as well as an independent water and power project in Fujairah. Oman also hopes to receive gas from Dolphin this year.
In Abu Dhabi, offshore gas is a critical element of a multi-billion dollar integrated gas development aimed at producing a further 720 million cf/d from the Umm Shaif field.
Kuwait has plans to produce more than 500 million cf/d of gas following the discovery of 34 trillion cubic feet of non-associated gas in 2006.
There is also thought to be gas exploration potential offshore, but there will still be a need for imports to sustain industrial development.


Clic here to read the story from its source.