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Is Saudi Arabia Set On Becoming A Global Gas Leader?

Is Saudi Arabia Set On Becoming A Global Gas Leader?

Saudi Arabia may be the third largest producer of crude oil in the world, after the U.S. and Russia, but its gas output has struggled over the years to make much of a mark in the global market. Currently, it produces around 4.2 trillion cubic feet (Tcf) a year – making it the ninth biggest producer in the world – but this goes to meeting domestic consumption needs. Associated (with oil drilling) gas accounts for around half of the Kingdom’s present production, although the non-associated percentage has more than doubled since…

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