GCC Natural Gas Market 2018 – Huge Market Growth Till 2024: Prominent Players Exxon Mobil, Total, Occidental Petroleum Corporation, GE, ONGC Videsh, Royal Dutch Shell
GCC natural gas market will exceed USD 50 Billion by 2024, as reported in the latest study by Global Market Insights, Inc. Rising concern to maintain fossil fuel sustainability along with stringent regulations to reduce environmental impact will drive the GCC Natural Gas Market size. For instance, in November 2016 Saudi Arabia signed Intended Nationally Determined Contribution and Paris agreement which aims to reduce 130 Mt of CO2 annually by 2030.
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