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Article: Abu Dhabi - Part 1 - Executive Summary.
- Article from:
- APS Review Oil Market Trends
- Article date:
- January 5, 2009
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The UAE emirate of Abu Dhabi is by far the wealthiest Middle East state in per capita terms and financially. It has been one of the most attractive places in the world for foreign investors. Alert to any new opening or additional incentives offered in the neighbouring countries, the local government will always try to be competitive, if not the very best. Local and foreign investors will always be happy operating in this emirate.
Abu Dhabi is a major source of high quality crude oil, of LNG, LPG and other gas liquids. It will become a more important exporter of these sources of energy and industrial feedstocks in this and next decade.
True to tradition ...