Energy

Stepping up efforts to capitalise on its hydrocarbons wealth, Oman is boosting its downstream industrial capacity by expanding the petrochemicals sector and providing the fuel stocks needed to power other industries. However, the success of this programme still pins much of the country’s economic growth on its oil and gas resources.

As gas consumption levels reach record highs in Malaysia and across the continent, the country is positioning itself as a regional trade centre for liquefied natural gas (LNG). With a series of capital-intensive LNG investments, Malaysia will likely see a strong increase in LNG import-export volumes for some time to come. However, muted economic growth in China and India could limit the country’s ability to export its new LNG production.

The Kingdom has edged one step closer to developing a viable alternative energy infrastructure with its implementation of a solar energy project in the Awali Township of Manama. The 5MW, utility-scale photovoltaic solar facility was arranged as a joint venture between the National Oil and Gas Authority (NOGA), the Bahrain Petroleum Company (BAPCO), Caspian Energy Holdings and Petra Solar.

En dépit des difficultés de l’Algérie à susciter l’intérêt lors d’enchères récentes, le potentiel en gisement de gaz de schiste va augmenter l’attrait déjà important du pays, en particulier si les révisions envisagées pour la loi sur les hydrocarbures sont adoptées.

With 79m tonnes of liquefied natural gas (LNG) produced per year, Qatar is continuing to secure long- and short-term supply deals in major markets, targeting both developed and emerging economies.