Thursday, March 9, 2017

Middle East and North Africa Natural Gas Production

Natural gas is a fossil fuel used as a source of energy for electricity generation, heating, cooking, fuel for vehicles, and as a chemical feedstock in the manufacture of plastics and other commercially important organic chemicals. Due to environmental reasons, natural gas is considered as the stepping stone between fossil fuels such as coal and oil, and renewable energy such as water, wind, and solar power. Natural gas reserves are estimated at 187 trillion cubic meters in 2015.

Natural Gas Production in Qatar

 
The Middle East holds 40% of worldwide proven natural gas reserves, followed by the CIS at 34%. OPEC countries control 47% of worldwide reserves and three countries (Russia, Iran and Qatar) account for 55% of global reserves.