Arab gas exports increase by 54%, led by Qatar
Arab exports of natural gas have increased by more than 50% over the past four years with the majority of the increase coming from Qatar, according to official data.
The Organization of Arab Petroleum Exporting Countries (OAPEC), in its 2009 statistical report, said the Arab region’s total gas exports rose by 54.4% to 161.9 billion cu m in 2008 from 104.8 billion cu m in 2004.
Arab gas reserves stood at 53.7 trillion cu m at yearend 2008, according to the OAPEC report, which said that Qatar has nearly half the Arab gas potential, with more than 25 trillion cu m.
The OAPEC report said Algeria remained the leading Arab gas exporter in 2008, with its exports of 59.4 billion cu m accounting for more than a third of the total Arab gas sales.
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