09.10.2012 - MENA oil producers to invest US$740 bln into energy projects over next five years
Oil producers from across the MENA region will contribute US$740bn towards energy projects over the next five years, according to a report from Arab Petroleum Investments Corporation (Apicorp). Saudi Arabian producers have been slated to lead the way, with the report stating that companies from within the kingdom - primarily Saudi Aramco and Saudi Basic Industries Corporation (SABIC) - committing investments totalling US$165 billion for the five-year period from 2013 to 2017...............................................Full Article: Source
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