Middle East & Africa: August 2014
August 2014 highlights
- Algeria is unlikely to see a substantial increase in gas exports despite a $100 billion investment plan for its oil and gas sector, constraining its ability to supply LNG./li>
- Turkey is moving towards gas-supply security during peak-demand periods by boosting investment in gas storage facilities. But supply risks persist in short term./li>
- Oman is struggling to attract investment in its oil and gas sector as it re-tenders five blocks from its lacklustre previous two bid rounds, which will adversely impact LNG exports.
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