MIDDLE EAST

Middle East shrugs off downturn

AN ESTIMATED $US294 billion ($A382.84 billion) worth of new oil, gas and petrochemicals projects in the Middle East and North Asia are at the pre-execution phase amid concerns around depressed oil and gas prices.

Middle East shrugs off downturn

According to Middle East business intelligence service MEED, the MENA region continues to investment in expanding oil capacity. The MENA Oil and Gas 2017 report says that "while oil and gas spending...

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