| From Business24-7.ae: More than 120 upstream projects worth $120 billion (Dh440bn) will be taken up in Opec countries in the next five years, according to the organisation.
Members of the Organisation of Oil Producing and Exporting Countries (Opec) will not leave their plans for upstream capacity expansion in the wake of sober oil demand projections. Data available from Opec World Oil Outlook for 2009 states that 120 projects worth $120bn will be taken up in Opec countries in the next five years.....................................Full Article: Source
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