IIR Globe IIR Data IIR
social media icon social media icon social media icon social media icon social media icon social media icon social media icon social media icon social media icon

You are Trying to View a Premium Article

GCC Countries Drive $353 Billion in Hydrocarbon Projects, but Postponements and Cancellations Threaten

chemical_processing

Industry Segment: Chemical Processing | Word Count: 429 Words

JOHANNESBURG--January 26, 2012--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Saudi Arabia is home to more than 60% of the Gulf Cooperation Council's (GCC) total hydrocarbon projects, with planned investments of about $215 billion covering 147 major ventures. The projects are focused heavily on the upstream oil and gas sector, including the massive $20 billion Yanbu integrated refinery and petrochemicals complex, which is currently in the study phase, according to regional investment bank Global Investment House (LSE:GLOB.L) (Kuwait). The Jizan refinery is another major project in the pipeline, with an estimated budget of $7 billion.


Login or Register for Instant Access

This Premium Article can be purchased individually or as part of a subscription

Subscribe Now! All Fields Required...

Subscription Type:

Pricing Help?

  • Pay-Per-Article - $5.95
  • Annual Subscription - $235.00
  • Annual Subscription with Archive - $395.00

All Members Receive the Following Free Resources:

  • North American Project & Gap Spending
  • Market Maps & Stats - Capital & Maintenance Activity
  • Current Economic Indicators
  • Free Daily Industrial Articles
  • Monthly Industrial Newsletter