Ernst & Young has asserted that gas production in the Middle East
increased by 95 percent since 2000.
In a report, the consultant said Iran
and Qatar have been the leading gas producers and were supplying Asia,
Europe
and the United States.
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"Gas demand in the Middle East has been rising by around seven percent
per annum and it has outpaced the growth in regional gas production," the
report, titled "The Global Gas Challenge," said.
The report said the Middle East constituted 12 percent of global gas
production. Ernst said Middle East states would continue to import gas to
meet rising energy consumption.
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