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MENA oil investments to slow in next 5 years as gas ‘seems to be plateauing’: APICORP Natural gas and oil will miss out on increased investments set to pour into petrochemicals and power plants in the Middle East and North Africa region over the next five years as decision-makers become “more cautious to new project commitments in an era of gas overcapacity”, Arab Petroleum Investments Corp. said May 4. Oil investments will total $226 billion in 2021-2025, down from $235 billion projected in last year’s five-year outlook, while the gas total will drop to $208 billion, from $211 billion, APICORP said in its latest annual outlook.

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