The Middle East is on track to surpass Asia to become the world’s second-largest gas producer in 2025, ranking only behind North America, according to Rystad Energy research and analysis. Gas production in the Middle East has grown by about 15% since 2020, and the future growth underscores the determination of regional producers to monetize gas reserves and develop export potential to meet global demand. The region currently produces about 70 billion cubic feet per day (Bcfd) of gas, a figure that is forecast to increase by 30% by 2030 and…
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