Thursday, 3 October 2013

United Arab Emirates Oil and Gas Report Q4 2013

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United Arab Emirates Oil and Gas Report Q4 2013
Oct 2nd 2013, 00:00

Price: $ 1295  

BMI View: Major investment in offshore and onshore oil projects, as well as the development of new gas fields and downstream expansion, makes the UAE a focal point of activity in the region, with billions of dollars worth of projects underway. We largely expect the UAE to meet its stated goal of expanding capacity to 3.5mn barrels per day by 2018 but note delays or reduced demand for OPEC supplies could threaten production gains. The gas supply-demand picture will remain tight despite new fields coming online, and the increasing recovery will further strain available supplies until new sources of power generation reduce the burden on gas from the end of the decade. We highlight the following trends and developments in the UAE's oil & gas sector: ? An ambitious upstream investment plan will r ...

Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/279721.html

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