The UAE aims to be self-sufficient in gas by 2030 but output has now declined for the past two years. Ambitious gas development projects ought to provide substantial gains in the coming years, but for now arguably the greatest impact comes from renewables start-ups reducing gas demand.
Abu Dhabi state giant Adnoc dominates UAE gas production. But Adnoc’s production of of 7.74bn cfd last year was down sharply from 2018’s 8.19bn cfd. This was the second consecutive annual decline (see chart). (CONTINUED - 929 WORDS)