Kingdom’s exports continue to grow


Saudi Arabia, holder of the world’s largest oil reserves, reported that petrochemical exports grew 17.2 per cent by volume last year, partly as a result of higher demand from Asia in the fourth quarter.

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Qatar Petroleum pushes ahead with new energy projects


Qatar Petroleum has signed contracts worth US$26 billion from 2005 to 2010, 65 per cent (more than US$16.7 billion worth) of which had gone to Qatari companies.

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QP and Shell to study US$6 billion petrochemical plant


Qatar Petroleum (QP) and Royal Dutch Shell signed a preliminary agreement to construct a US$6 billion petrochemical plant in Ras Laffan Industrial City in Qatar.

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Gulf Petrochemical production levels reaches record heights


Production levels at the Gulf Petrochemical Industries Company (GPIC) hit record highs in 2010.

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Asian demand proves profitable


China and India's growing demand for petrochemicals will continue to benefit the Middle East and North African (MENA) region, say analysts.

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