Cash needed for energy sector

Kovac, Matt
March 2007
ICIS Chemical Business;3/12/2007, Vol. 2 Issue 57, p16
Trade Publication
The article reports on the capital needed by Arab countries to invest in the energy sector and to keep pace with the demand for oil, gas and petrochemicals. The capital needed by the Arab countries amounts to $345 billion, which is 57% higher than the capital mentioned in a related survey conducted in 2006. Arab Petroleum Investments Corp. said that the factors responsible for such increase were the soaring project costs of new plants.


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