Related Articles
Report
Forward article link
Share PDF with colleagues

The Mideast's gas paradox

It is home to the world's biggest exporter—and also some of its fastest-growing consumers. Yet intra-regional trade remains thin

The Middle East's transformation from swaggering liquefied natural gas-export hub to insurgent global demand hub continues apace. With domestic demand for gas pushing ever higher, the region's tight band of long-term importing countries—the UAE, Kuwait and Israel—has been expanded in the past couple of years with new entrants Jordan and Egypt. The latter two were among the fastest-growing LNG importing countries last year, amid a rapid deployment of floating storage and regasification units (FSRUs) starting in 2015. FSRUs have enabled the Middle East's new LNG importers to capitalise on fluctuating price trends. The region's apparently insatiable appetite for spot LNG cargoes has played a l

Also in this section
The future is supercharged
11 August 2017
Electric vehicles are increasingly central to government policy and car manufacturers' plans alike. What does their uptake mean for the energy sector?
Uganda-Tanzanian pipe dream
10 August 2017
The Uganda-Tanzania oil pipeline route is close to becoming a reality. Kenya will have to go it alone
Maputo takes the plunge, Dar looks on
10 August 2017
Mozambique and Tanzania both have gas reserves likely to support extensive LNG exports, but only one of them is truly committed to exploiting them—at least for now