US Shale Expertise Sought by Middle East

On November twelfth, we explore a significant shift in global energy dynamics. Middle Eastern nations, once major energy producers, are now seeking U.S. assistance to develop their shale gas resources. This marks a departure from the past, where the U.S. was a major energy importer. The U.S. shale revolution has transformed it into a leading exporter, and now, countries like Saudi Arabia and the UAE view the U.S. as a crucial source of knowledge and expertise. This development is particularly interesting given the history of global energy, where the U.S. once adopted a strategy to manage the influence of Middle Eastern energy producers. However, the U.S. shale boom has proven its efficiency and low cost, leading to collaborations with Middle Eastern nations. Saudi Arabia and the UAE are now aiming to boost their gas output and meet local power demands, with the UAE targeting one billion standard cubic feet per day before 2030. This expansion is driven by the continued importance of liquefied natural gas in global markets and the surging demand for gas from data centers worldwide.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.