Middle East Economic Survey

VOL. LIII

No 15

12-April-2010

MEES Agenda

Funding A New Era Of Energy Mega-Projects

The growing slate of energy mega-projects has brought with it new challenges, and it is unlikely that the 16 pending global deals with a price tag of $10bn-plus will all get funded. The three main issues facing mega-project sponsors are capacity, complexity and completion, according to Frederic Rich, Head of Global Project Development and Finance, at law firm Sullivan & Cromwell....