United Arab Emirates Oil & Gas Report Q4 2013 - New Study Released
BMI Industry View Major investment in offshore and onshore oil projects, as well as the development of new gas fields and downstream expansion, makes the UAE a focal point of activity in the region, with billions of dollars worth of projects underway. We largely expect the UAE to meet its stated goal of expanding capacity to 3.5mn barrels per day by 2018 but note delays or reduced demand for OPEC supplies could threaten production gains. The gas supply-demand picture will...
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