FINANCIAL NEWS

Gas market to start recovering in 2016

11 Dec 2015

(MENAFN) The gas market is likely to begin to recover in 2016, which is “positive” for Qatar and other energy producers in the Gulf Co-operation Council (GCC) in the long term.

In the ‘Energy Strategy’ session, the panel expressed optimism in the gas market as nations around the world look to reduce emissions and introduce cleaner energy sources.

As a result, the longer-term picture is positive for nations like Qatar and other energy producers in the GCC, given their long-term investments in the sector and their status as low-cost producers, the panel told the conference, which concluded yesterday.

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