Sat, Dec 20, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Market Moves, Oil more

Saudi to boost gas output significantly by 2015

Posted on 11 December 2009

From Zawya Dow Jones: Saudi Arabia’s oil minister said Wednesday the kingdom expects to add natural gas reserves next year and boost gas output significantly by 2015, which will help drive the development of the country’s petrochemicals industry.

Saudi Arabia’s proven gas reserves, which stood at 263 trillion cubic feet at the end of 2008, will increase next year as Saudi Arabian Oil Co. is expected to discover “a minimum of 5 trillion cubic feet of additional non-associated gas reserves annually,” Ali Al Naimi told the Gulf Petrochemicals and Chemicals Association forum in Dubai………………………………Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031