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Arabs need $345bn for energy
- Tuesday, May 29 - 2007 at 05:56
The Arab world needs capital investment of around $345bn in its energy sector from 2007-2011, according to an Apicorp review reported in Gulf Times. This is 57% up on Apicorp's earlier estimate of $220bn for 2006-2010. Qatar, Kuwait, Egypt and Libya are mainly responsible for rise as their combined investment requirements have increased more than 80%.
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James McInerney, News EditorTuesday, May 29 - 2007 at 05:56 UAE local time (GMT+4)
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This article was updated on Wed May 30 2007.
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