Financial Times FT.com

Middle East: Oil-rich region faces gas shortfall

By Andrew England

Published: May 26 2009 05:25 | Last updated: May 26 2009 05:25

It may seem a strange idea in the region of the world that is richest in hydrocarbons, but it is one that has been raising increasing concerns: the possibility of a critical gas shortage in Middle East.

The countries of the region, particularly the wealthy Arab Gulf states, have one of the fastest growing rates of energy demand, as populations swell and the accumulation of petrodollars during the recent oil boom has driven rapid economic expansion.

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