Middle East Economic Survey

VOL. XLVII

No 44

1-November-2004

Capacity Expansion Required Both Upstream And Downstream

With crude oil prices at all-time highs, and global demand soaring while downstream infrastructure is overstretched, the industry gathered in London on 26-27 October for the 25th Oil & Money conference, organized by the International Herald Tribune and Energy Intelligence. Delegates learned that capacity expansion is required both upstream and downstream if demand requirements...