Middle East Economic Survey

VOL. XLIX

No 1/2

2/9-January-2006

FACTS Inc Acquires Londons EMC

In the first of a planned series of acquisitions, FACTS Inc on 1 January acquired Londons Energy Market Consultants (EMC). FACTS President and founder, Fereidoun Fesharaki, announced the merger in the following terms: Our combination with EMC provides us and our clients with deeper understanding of the workings of the European and US oil and gas markets. Together, we will have the scope truly necessary to...