Middle East Economic Survey


No 51-52


MEES Agenda

Gulf Project Finance Activity Gathering Momentum

After a grindingly slow start to this year, the wheels of Gulf energy project finance started to spin more rapidly after the Dolphin regional gas operation and Bahrains Al Dur and Abu Dhabis Shuweihat independent water and power projects (IWPPs) were funded. At the close of 2009, the Saudi Aramco Total Refining and Petrochemical Company (Satorp) 400,000 b/d export refinery...