• Global Gas Analytics
  • Analysis & Forecasts

Middle East & Africa Consumption

October 2018

Saudi Arabia will miss its renewables power generation targets, which will further boost its gas-to-power demand.

In March, the Saudi government’s Public Investment Fund signed a memorandum of understanding with Japan’s SoftBank to install 200 GW of solar power capacity in the kingdom by 2030 at a cost of $200 billion. The first phase of the project would have seen 7.2 GW of the capacity online in 2019, which now looks unlikely. The country’s renewable power capacity was only 92 MW at the end of 2017,...