SAUDI'S ARABIA GAS
Saudi Arabia's natural gas reserves rose to 288 trillion cubic feet (tcf) last year, up from 285 tcf in 2012. The Kingdom explored natural gas in the Red Sea and tapped shale gas to free more crude oil for export.
Rising domestic demand for energy poses a threat to Saudi's oil export volumes, therefore a boost in gas production will help to compensate for domestic energy needs.
Saudi Aramco expects to use shale gas to fuel a 1,000-MegaWatt (MW) plant that will feed electricity to a large phosphate mining project.
"Saudi Arabia will be among the…
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