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Petroleum Investments Corporation

Petroleum Investments Corporation latest

Investments in Mena's gas Sector to Plummet by $70 Billion Over the Next 5 Years
January 10th, 2020 - 02:29 GMT

Investments in Mena's gas Sector to Plummet by $70 Billion Over the Next 5 Years

Investment across the Middle East and North African gas sector is projected to decline by $70 billion over the next five years on the back of high global gas output, slowing regional demand and financing issues, according to a forecast by Petroleum Investments Corporation (Apicorp). While two-thirds of Mena countries will see lower planned investments in their upstream gas sectors, the UAE and Qatar are expected to see an increase ...
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