Middle East Economic Survey


No 44



MEES Agenda

Mixed Success For Chinas Continuing MENA Upstream Drive

Rising demand for oil in China is one of the factors cited for the steep rise in crude prices over the past months. Beijing is seeking new sources of crude, expanding its refining capacity, and trying to secure upstream contracts abroad not least in the MENA region. But its success there over the past year has been mixed. Gerald Butt reports.

As the...