EMEA region to see largest national gas processing growth
Research and consulting firm, GlobalData, has predicted that Europe, the Middle East and Africa (EMEA) will build the largest amount of new natural gas processing plants over the coming years, increasing the overall region’s capacity by 10.1 trillion ft3 between 2013 – 2017. The latest report from the company reveals that in the EMEA region, Iran and Saudi Arabia will account for the majority of new capacity (43%).
The EMEA region will be followed by the Americas and Asia-Pacific region. The Americas will add 4.4 trillion ft3 of new natural gas processing capacity, of which the US will account for over 80%. Asia-Pacific will build an estimated 2.4 trillion ft3 of capacity newbuildings, of which Turkmenistan will contribute 635.4 billion ft3 by 2017, reaching 27% of the region’s total planned capacity.
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