Middle East Oil & Gas Key Analysis

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Gas Supply To Remain Stable

Despite Noble's decision to downgrade its targets for Israeli gas sales due to the ongoing conflict in Gaza, we do not anticipate a prolonged threat to gas supplies.

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Tight Gas To Displace Shale

Aramco's strategic shift away from shale gas and towards tight gas will offer a more economically viable route to unconventional resource development. However, given various technological and...

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Onshore Gas Stagnates As Shell Divests

Shell's exit from the Kidan gas development JV highlights the effects of unattractive state-set gas prices on Saudi's gas sector. In the absence of adequate pricing reform, we predict slow progress...

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