The Middle East Energy

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A move to bring the marketing and sales side of Qatar’s chemical, fertiliser and polymer operations under one umbrella is an indication of the country’s plans to build a larger and more vibrant downstream petrochemicals sector, which is expected to see increased revenues from plans to more than double production by 2020.
Plans to consolidate Turkey’s position as an energy transit bridge appear to have suffered a setback, with a major project to connect the Black Sea and the Eastern Mediterranean put on hold by both the Turkish government and one of the scheme’s key investors, though for different reasons.
Solar energy looks set to play a growing role in Oman’s energy mix as the Sultanate moves to address the two-fold challenge it faces of meeting rising demand for electricity while reducing state support for the power sector.
The Kingdom is moving toward finalising plans to refurbish its only oil refinery, part of a wider programme that will see the Gulf’s first oil producer increase its focus on value-added downstream activities, rather than depending on its ever-decreasing reserves for revenue.

Accounting for just under 30% of real GDP and providing 80-90% of state revenue, the oil and gas sector has been the dominant force behind Saudi Arabia’s economy for decades. Seeking to cement its position as a front-runner in the global market, the government has continued to invest heavily over the last decade to boost...

Traditionally viewed as a means to exploit technically challenging, marginal and maturing oil and gas reservoirs during periods when energy prices are high enough to offset greater production costs, the development of unconventional hydrocarbon sources has flourished around the world over the past decade from Southeast Asia to...

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