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Email this article: Oman investing US$2.9 billion in 13 new power, water and energy projects
Posted: Mon February 20, 2012 10:38 am
OMAN. Oman represents one of the fastest growing power and water sectors in the Middle East region with electricity and desalinated water demand expected to increase until 2017 at an average growth rate of about 9% per year.
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SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
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