Spreading the risk

Ford, Neil
May 2004
Middle East;May2004, Issue 345, p46
The Kuwaiti government says it is keen to reduce gas flaring, to make the most of its large natural gas resources. Over the past decade, many oil producers have tapped into their gas resources for use as a feedstock in domestic power generation, while others, most notably Qatar, have put a great deal of time, effort and money into developing a large liquefied natural gas sector. Markets have to be fought for and investment into gas processing trains can take many years to yield a profit, but revenue streams are far more stable than in the oil sector, enabling national governments to more confidently set out long term spending plans.


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