Middle East Economic Survey


No 20


Saudi Arabia Poised For New Gas/NGL Prices

Saudi Arabia has decided on raising the price of ethane, and its refineries are focusing on petrochemical feedstock production. The price level, hotly debated for the past couple of years, will be critical to the success of the next generation of Saudi petrochemical projects, which are spearheading Riyadh’s wider plans for industrialization and job creation. Meanwhile, the kingdom and...