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Saudi Arabia to remain self-sufficient in gas by 2021
- Saudi Arabia: Monday, November 12 - 2012 at 01:33
Business Monitor International (BMI) has said Saudi Arabia will remain self-sufficient in natural gas, with production and consumption rising to 131 billion cubic metres (bcm) by 2021 from an estimated 94.8 bcm in 2011, Saudi Gazette has reported. However, BMI's report noted that though refinery expansion is proceeding broadly to schedule, the kingdom cannot claim the same about its gas exploration and development programme. "Drilling has again been delayed in the Empty Quarter, which is a further sign of a frustrating process that may leave the kingdom short of gas as demand continues to rise," BMI said. "There has been little apparent progress on plans to boost productive capacity from the current 12 million barrels per day (b/d) to 14-15 million b/d."
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