Why Sharjah’s new gas find matters

Sharjah's new discovery of natural gas and condensate - it's biggest in more than three decades is a game changer in some respects for the emirate. The Mahani well, which was drilled by state-owned Sharjah National Oil Company (Snoc) and Italian major Eni, has tested gas at flow rates of 50 million standard cubic feet per day and has also found condensate - valuable liquid that fetches a high price in the markets. Here's why the new discovery is significant for the emirate's economy.

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