Thursday, 25 July 2013

Abu Dhabi expects gas to drive region - UPI.com

Abu Dhabi expects gas to drive region - UPI.com:

"Natural gas is expected to play a major role in meeting the energy demands from Middle East and North African consumers, the Abu Dhabi National Oil Co. said.

The Abu Dhabi company said it was laying the foundation for an international petroleum conference in November. ADNOC said the focus of the conference would be the general shift toward natural gas in the region.

The official Emirates News Agency reports companies in the Middle East and North Africa account for 42 percent of the global natural gas reserves. It said it expects demand for natural gas to increase as regional economies look for cleaner alternatives to coal and oil."

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