Yesterday; from Algiers where the 7th Summit of the GECF is taking place ,the Iranian Oil Minister announced than Iran is targeting to reach a daily production of 1.3 bcm/day by 2028 meanwhile Iran is investing 80 b$ to develop the sector.
–Saudi Arabia re evaluated Al jafurah Field Reserves of natural gas to around 6.5 tcm Sarah Almojadidi . very interesting Shift from oil to Natural Gas .
— Qatar also announced few days ago its plan to increase its LNG production from 77 mt right now to 142 mt by 2030.
It seems that Global firms have to update their outlook regarding natural gas data as Natural gas is occupying more seats among fossils and even renewables.
