Middle East & Africa: Consumption
Rising gas output in countries such as Iran, Saudi Arabia and Egypt will support overall demand in the Middle East and Africa.
Gas is becoming increasingly popular in the region’s power sector, and gas-to-power demand will drive the region’s demand for the fuel over the coming years. The combined gas demand in the key MEA countries – Iran, Egypt, Turkey, Algeria, Nigeria, Yemen, Libya and the Gulf Cooperation Council states – increased by 7.7% on an annual basis in 2016, to 674 billion cubic metres. GGA forecasts the region’s gas consumption will increase by 3.6% on an annual basis in 2017.