Wednesday 12 December 2012

Mena able to handle gas crunch - The National

A looming gas crunch in the Arab world can be offset by tapping unconventional reserves, according to a state-backed financier for regional energy projects.

The Middle East and North Africa (Mena) region is home to proven reserves of 88 trillion cubic metres of natural gas, more than 40 per cent of the world's total, says the Arab Petroleum Investment Corporation.

This alone secures supplies lasting more than 30 years, said Ali Aissaoui, a senior consultant at the development bank.

No comments:

Post a Comment