Saudi Arabia’s $110bn Jafurah project will turn Kingdom into gas exporter
Over 22 years, Jafurah could generate $8.6 billion a year in income and contribute $20 billion a year to the Kingdom’s GDP
Middle East Gas Market Growing at Double the Rate of Global Energy Demand
According to BCG’s report, the Middle East can deliver 8500 bcm of gas by 2030 marking the strongest growth in a decade
Region’s gas sector investments to fall by $70bn until 2025
Out of the nine countries with committed upstream investments in the 2018 outlook, seven of them saw a y-o-y decline, including Iran, which saw its share of projects under execution fall by 77 percent
Global market for natural gas to slowdown - IEA
Global demand for natural gas surged by 4.6% in 2018, the fastest pace since 2010, according to the International Energy Agency
Schneider Electric launches gas grid management technology
The AGMS software serves as a modern, sophisticated and smart SCADA + Grid Management platform for natural gas grid management
Siemens turbines to power Fadhili gas plant
The turbines will be produced at the Siemens Dammam Energy Hub (SDEH), the Middle East’s largest gas turbine manufacturing facility

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