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Gulf countries to invest $100bn in Gas industry 9, March 2010

Posted by thegulfblog.com in Iran, LNG, Qatar.
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MEMRI quotes MENAFN reporting that Gulf countries will be investing up to $100bn in gas technologies in the coming decade. Presumably the majority of this will be in Qatar and Abu Dhabi. Whilst there are relatively sizable fields in Saudi Arabia, their priorities are firmly set on oil. Iran has staggeringly large supplies but simply don’t have the ability to invest as heavily.