Reymar
06-03-2006, 07:41 PM
More than $20 billion a year is now required between now and 2030 to meet capacity targets, according to Fatih Birol, chief economist at the Paris-based International Energy Agency (IEA).
Oil companies and investors are looking to China, India and the Middle East, with the last-mentioned taking advantage of the oil boom and high liquidity levels.
According to MEED projects, the Middle East's leading online business opportunity tracker, there are more than $59 billion worth of refinery projects alone in the GCC, Iran and Iraq.
http://www.ameinfo.com/87762.html
Oil companies and investors are looking to China, India and the Middle East, with the last-mentioned taking advantage of the oil boom and high liquidity levels.
According to MEED projects, the Middle East's leading online business opportunity tracker, there are more than $59 billion worth of refinery projects alone in the GCC, Iran and Iraq.
http://www.ameinfo.com/87762.html