VOL. XL
No. 11
17-March-1997
UAE
IPIC's Downstream Investments Estimated At $1,066Mn
Thetotal value of foreign investments held by the Abu Dhabi Government-ownedInternational Petroleum Investment Company (IPIC) in five companies wasestimated at $1,066mn at the end of February 1997 by IPIC'S Senior Investment EvaluationAdvisor, Mr. Mike Cunningham. In a paper presented to the 1997 Middle East Petroleum andGas Conference held in Abu Dhabi on 2-4 March, Mr. Cunningham estimated the market...
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