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Al Bawaba
October 5th, 2011 - 08:03 GMT

Mideast, Asian economies to propel growth in oil industry

Demand for products in the oil and gas sector will be driven by the Middle East and Asian economies, as the western countries experience slowing growth, particularly in the US and the debt crisis in Europe, Saeed Abdullah Khoory, the Chief Executive of Emirates National Oil Company (Enoc) has said. While addressing delegates attending this year’s annual Middle East Petroleum and Gas Conference in Dubai, Khoory predicted a slump in ...
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