• 3 minutes Shale Oil Fiasco
  • 7 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 12 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 16 minutes Global Debt Worries. How Will This End?
  • 1 min americavchina.com
  • 55 mins Greta named Time Magazine "Person of the Year"
  • 7 mins DUMB IT DOWN-IMPEACHMENT
  • 21 hours Democrats through impeachment process helped Trump go out of China deal conundrum. Now Trump can safely postpone deal till after November 2020 elections
  • 17 mins POTUS Trump signs the HK Bill
  • 1 hour Everything you think you know about economics is WRONG!
  • 23 mins WTO is effectively neutered. Trump *already* won the trade war against China and WTO is helpless to intervene
  • 1 day Iraq war and Possible Lies
  • 11 hours Winter Storms Hitting Continental US
The World’s 10 Biggest Polluters

The World’s 10 Biggest Polluters

As carbon dioxide emissions become…

Middle East to Spend $32.7 Billion on New Energy Projects this Year

Ventures Middle East, a strategic business advisory company, has recently performed a study of the Middle East and concluded that in 2012 97 new power and water projects worth $32.7 billion have started construction, or will start construction before the end of the year.

The UAE has 10 energy and water projects worth a total of $1.5 billion set to begin construction this year, headed by the $740 million Noor 1 Solar Power Plant, and Phase 2 of the $580 million Emal Power Plant.

19 power and water projects will be started this year in Kuwait with a combined cost of $4.2 billion,  led by the $2.7 billion Al Zour North Independent Water and Power Plant.

Saudi Arabia has approved 15 new projects for 2012 worth a total of $8.8 billion, including the $2 billion Al Qurayyah Independent Power Plant, and the $1.2 billion Shuaiba 2 Power Plant.

Other Middle Eastern Countries with energy or water projects due to begin construction this year include; Morocco, Egypt, Oman, Qatar, Jordan, Iraq, Yemen, Syria, and Bahrain.

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play