Letter from the Middle East: Gas businesses see swift evolution
Self-sufficiency targets and opportunities to shift to renewables are driving big upsurge in gas production
The Mideast Gulf’s major NOCs and partners have invested heavily over the last decade to boost domestic gas output and avoid strained supplies. They are now seeing the fruits of those efforts. But the game has changed yet again: new gas has to dovetail with renewables and drive exports of LNG and—possibly—hydrogen. The largest projects are all in Saudi Arabia and the UAE. Saudi Arabia’s electricity plans call for oil generation to be phased out and replaced with an equal mix of gas and renewables, an important step towards its 2060 net-zero carbon commitment. For conventional gas, the 1bn ft³/d (28.3mn³/d) Hawiyah gas plant should be completed in 2022 and the 2.5bn ft³/d Tanajib facility in
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth