OPEC says 50% of petrochemical expansion projects to be made in Middle East.

By bne IntelliNews April 29, 2011
Half of the new energy and petrochemical expansion projects worldwide in the next three years will be made in the Middle East, KUNA news agency reported citing an OPEC report. Petrochemical production in the region is concentrated in 10 countries mainly in Saudi Arabia (60%), Libya (11%), Qatar (7%), Kuwait (6.8%), Egypt (5.5%), Algeria (4.4%), Iraq (2.9%) and Bahrain (2%).

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