Regional Energy Market Overview

July 2009
Kuwait Oil & Gas Report;Q3 2009, p12
Industry Profile
The article presents an overview of the regional energy market of the Arabian Gulf states particularly on the oil supply as of the third quarter of 2009. Accordingly, the oil-and gas-based wealth creation of this region has stimulated regional economies, which triggers an unwelcome surge in fuel demand and will probably have a negative impact on the export capabilities of Iran and more countries. An output reaching 28.39 mn b/d by 2013, referring to a gain of 9.04%.is projected as a whole.


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