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Page added on June 12, 2007

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‘Paradox’ as Mideast faces power shortage

Oil and gas-rich countries of the Middle East are facing a worrying paradox – how to meet rapidly expanding power demand to feed their fast growing economies, the International Energy Agency said on Tuesday.

“Shortages of natural gas – hitherto the fuel of choice for electricity generation – have become a regular feature, forcing governments to consider alternatives such as coal, fuel oil, nuclear and even imported gas,” the IEA wrote.

ArabianBusiness



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