Saudi Arabia and the United Arab Emirates have been working to increase their domestic gas production. Middle East oil and gas producers see an opportunity for long-term LNG supply contracts in Europe. Oman plans expansion of gas production and is considering creating a new company to manage Oman’s gas assets by the end of this year The world’s top oil exporting region, the Middle East, is looking to boost natural gas production and exports as global and local gas demand is set to grow in the coming years. Qatar, one of the world’s largest exporters of liquefied natural gas (LNG), has been the gas leader in the Middle East for years, while the other Gulf countries rich in natural gas have been lagging when it comes to gas project developments. This is no longer the case. The major oil producers in OPEC—Saudi Arabia and the United Arab Emirates (UAE)—have […]