Summarized article Example | Topics and Well Written Essays - 500 words

Summarized - Article ExampleOther factors that contributed to this was political instability and low prices of splatter locally that led to the country importing this product from neighbours Qatar (the terra firmas leading natural liquefied gas producer NLG). The massive rise in demand for gas for both domestic and industrial lend oneself is forcing a gradual change of things although it will take billions for Kuwait to be able to fully tap this product. This is because the gas in the region is of low fictional character and high in sulphur making it hard to extract (Reuters 2014).According to Kelli Maleckar of energy consultancy IHS, there is a current realization by most gas producers from Middle East on both the environmental and economic benefits of increased production of gas. The other benefit is that gas can help ease on the current rising power demands in the region. Kuwait and United Arab Emirates dupe been on the upfront of gas import to meet their power demands. This has boosted their dependence of import gas especially during summer when power consumption goes up due to increased air conditioning. Saudi Arabia does not import gas (Reuters 2014).Political woes have been at the centre stage of delaying negotiations with major producing companies to tap the resources that lie within the country. These may also make it difficult for the country to import from outside. The country has entered into $3 billion and a $12 billion deals with BP and Shell for five years and six years respectively. Though this has been achieved there is always that possibility of a parliamentarian rearing the deal at any given time as stated by Eman Ebed Alkadi of consultancy Eurasia Group. Other deals that Kuwait has entered into include the one with Qatar a few weeks ago, though this could be just for a short time as a long term deal with Qatar is almost impossible given Dohas support of the Islamists (Reuters 2014).The pipeline network in the region that has been in di scussion for some time now would be an ideal