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MENA Gas Sector Investments to Plummet by $70 Billion Over the Next 5 Years
December 19th, 2019 - 08:00 GMT

MENA Gas Sector Investments to Plummet by $70 Billion Over the Next 5 Years

Total committed and planned investments in the Mena region’s gas sector is expected to decline by $70 billion year-on-year (y-o-y) over the next five years, said the Arab Petroleum Investments Corporation (Apicorp) in a new report. Apicorp’s research titled “Gas Investments Outlook 2019-2023” indicates that the total committed and planned investments fell largely due to Saudi Arabia successfully commissioning major projects and lower prospects for Iran’s gas sector. Out of ...
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