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.
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more