MENA is confirming its status as a growing gas demand centre

Journal article

In 2011, gas demand in the Middle East and North Africa (MENA) grew faster than in any other region in the world. It increased by almost 9 percent year-on- year, reaching just under 490 bcm. This is in line with the trend seen in the region since the early 2000s, particularly in the energy-rich Gulf countries as well as in Egypt, where gas consumption has been growing at an average annual rate of 7–10 percent. With overall gas demand growth not expected to show any signs of abating in the medium term, MENA’s interaction with international gas markets to 2020 is more likely to be as a growing demand (and import) centre than as a major source of new exports, challenging the assumptions seen hitherto in the trade-flow projections of major international organisations.

Authors: Darbouche, H

• Publication status: Published
• Peer review status: Peer reviewed
• Publisher: Oxford Institute for Energy Studies
• Journal: Oxford Energy Forum
• Volume: 89
• Pages: 23-26
• Publication date: 2012-08-01
• Edition: Publisher's version
• ISSN: 0959-7727
• Language: English
• Keywords: OIES