18 May 2010
(MENAFN) An official at the Emirates General Petroleum Corp stated that delays in the major Shah gas project are forcing the UAE government to look at Qatar and Iran for gas imports, Reuters reported.
He pointed out that gas demand in the UAE will average 7.5 billion cubic feet for 2010 and rise 6 percent to 7 percent annually. It will hit 15 billion cubic feet by 2020 compared to the 6.5 billion cubic feet seen in 2009.
For 2009, the UAE was 0.5 billion cubic feet short on supply compared to demand and we are still seeing strong demand growth.
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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