Gas consumption to exceed Mideast production by 2019 - Al-Monitor
▻http://www.al-monitor.com/pulse/business/2014/07/middle-east-oil-consumption-exceed-production-iea-study.html#
The International Energy Agency (IEA) has warned that demand for natural gas will exceed its production from the Middle East countries (Arab countries and Iran) during the second half of this decade, and that if it isn’t dealt with seriously, this phenomenon would persist.
The available figures indicated an increase in demand from 426 billion cubic meters in 2002 to around 535 billion cubic meters in 2019, thus recording a 109 billion cubic meter increase, or 26%, until the end of this decade. Moreover, estimates indicate that gas production will increase from 582 billion cubic meters in 2013 to only around 658 billion cubic meters through the end of this decade. The difference between the increase in demand and the increase in production worries observers.