Middle East Economic Survey

VOL. LIII

No 39

27-Sep-2010

MEES Agenda

Region Needs $70Bn Investment Over 10 Years To Avoid Power Crisis

Countries innovate to handle individual power and gas problems.

Most GCC countries and Egypt, which is planning to link into their common grid face a power crisis due to lack of capacity or fuel. They need to invest $70.1bn in power generation over the next 10 years at todays plant construction prices, and find the equivalent of 6.29bn cfd of fuel, MEES...