MENA spending on the rise, but prices to remain high
MENA spending on the rise, but prices to remain high
Spending on the energy sector in the Middle East and North Africa could reach $879 billion over the next five years, according to Apicorp.
This is up 9% from the $805bn planned in 2021.
Committed projects make up around 30% of this amount, while the remaining 70% is in the planning stage. In the Gulf Co-operation Council (GCC) the amount of money committed rises to 45%.
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