How did the Arab countries achieve a gas production boom?



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Arab countries have experienced a boom in recent years and remarkable progress in the production of natural gas, which has made it possible to meet the needs of local and surrounding areas with surplus production that can be exported by pipeline or by using liquefied petroleum vessels to regional and global markets.

Arab countries have been leaders in the global trade of liquefied natural gas since it was established some five decades ago, underscoring the importance and status of the Arab region in meeting the needs of regional and global energy markets.

There is also growing interest in the development of gas resources in Arab countries, allocating large investments to meet growing domestic demand for gas and meeting their export commitments, and here are the key figures for export volume and natural gas production, namely:

1- Natural gas exports to Arab countries by pipeline and tanker accounted for about 17.6%, about one-fifth of world gas trade in 2017.

2- The total exports of Arab countries in 2017 amounted to about 106 million tons, or about 36% of total world trade.

3- 2018, a large number of new natural gas projects are commissioned, including the start-up of the giant Zohr deposit by the end of 2017. Production reached approximately 2 Bcf / d Since September 2018 and is expected to reach more than In 2018, 2018 saw the onset of gas production at the Atoll Deposit, which was approximately 350 million cubic feet per day.

These projects brought Egypt's gas production to 6.8 billion cubic feet per day by the end of 2018.

This article "How did the Arab countries achieve a gas production boom? .. The answer in figures" Adapted from the site (the seventh day), and in no way reflects the site's policy or point of view, but the responsibility for news or health at the source of the news of the day is the seventh day.

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