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CHAPTER ONE
Developments in Global Markets
0
5
10
15
20
25
30
35
40
45
50
Arab
Countries
OECD
Countries
Rest of
Developing
Countries
FSU
Countries
Figure 1-18
Energy Consumption in Arab Countries and the World, 2011
(%)
1-2-1
Natural Gas
The relative importance of natural gas in energy balances in
Arab countries has increased in the past two years as natural gas
has become the main source of energy in these energy balances as
of 2010. This is due to the great efforts made by these countries in
expanding exploit of the available sources of natural gas on the one
hand, and due to the policy of substituting natural gas for oil in some
areas in many Arab countries on the other.
This policy has led to higher growth rate of natural gas consumption
which amounted to 6.6% per annum during the period 2009-2012,
bringing the total to 6.75 million boe/d in 2012 compared with 5.58
boe/d in 2009.
