The MEA’s gas production is expected to grow at a slower pace than demand in 2017.
Non-associated gas output from countries such as Saudi Arabia and Oman will contribute towards the region’s overall gas production, while Iran’s output from its South Pars acreage is rising. Meanwhile, Algeria is boosting production as it focuses on increasing gas and LNG exports. Output from new fields, such as Zohr in Egypt, is also likely to come online by the end of 2017. GGA estimates the combined marketed gas production of the key MEA countries rose by 2.3% on an annual basis in 2016, to 781.6 bcm. The region’s marketed output is forecast to increase by 3.1% year on year in 2017, to 806 bcm.
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