26 April 2024
Upstream gas spend to hit $330 billion/year by 2030
Publication date: 03 June 2014
Gas Strategies Group
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ISSN: 0964-8496
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Global upstream oil and gas expenditure will rise to an average of more than $850 billion annually by the visual_editor030s, the International Energy Agency predicted on Tuesday, with more than 80% of this spending (up from an estimated $700 billion in visual_editor013) required to keep production at current levels.