The UAE is closing its gas deficit, but progress is painfully slow. Both production and consumption rose to record highs again last year according to the recently-released BP Statistical Review 2019. Critically production rose the most, edging up 2.7bcm to 64.7bcm, while consumption rose 2.2bcm, to 76.6bcm.
Despite the improvement, this still resulted in a shortfall of 11.9bcm over the course of 2018. This was at least the lowest since 2014 and almost 1bcm down on the 2015 peak of 12.5bcm. (CONTINUED - 293 WORDS)
