
FG admits oil demand from US, Europe, Middle East outstrips supply
What we need is sustained investment.” According to the minister, one of the clearest indicators of renewed confidence in the sector is the sharp increase in…
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Summary
Gas demand in Middle East to fall in 2026 for first time in 33 years — IEA. Although Nigeria has increased crude production from around one million barrels per day in 2023 to more than 1.8 million barrels daily, including condensates, government officials and industry executives said current output remains insufficient to maximise periods of elevated global demand. Thus, gas demand in Middle Eastern countries could amount to 615 bln cubic meters (bcm) in 2026, down from 641 bcm in 2025.
Furthermore, Lokpobiri said, “I receive delegations from across the world, the USA, Europe, and the Middle East.
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Gas demand in Middle East to fall in 2026 for first time in 33 years — IEA.
according to TASSAlthough Nigeria has increased crude production from around one million barrels per day in 2023 to more than 1.8 million barrels daily, including condensates, government officials and industry executives said current output remains insufficient to maximise periods of elevated global demand.
according to BusinessDay NGThus, gas demand in Middle Eastern countries could amount to 615 bln cubic meters (bcm) in 2026, down from 641 bcm in 2025.
according to TASSLokpobiri said, “I receive delegations from across the world, the USA, Europe, and the Middle East.
according to BusinessDay NG
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