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MENA energy investments to exceed $805 bn in five years Published: 10:06 PM, May 04, 2021 power-to-gas-pipes SHARE MUSCAT, MAY 4 - The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, estimates in its MENA Energy Investment Outlook 2021-2025, that overall planned and committed investments in the MENA region will exceed $805 bn over the next five years (2021–2025) – a $13 bn increase from the $792 bn estimate in last year’s five-year outlook. The report attributes this modest rise to four factors: A strong confidence in the rebound of global GDP, rising energy demand, the comeback of Libyan projects – which alone accounts for around $10 bn in planned projects – and the accelerated pace of renewables in the region. Per current estimates, MENA will add 3GW of installed solar power capacity in 2021 alone – double that of 2020 – and 20GW over the next five years.

Saudi arabiaAhmed ali attigaArab petroleum investments corporationEnergy investment outlookInvestment outlookChief executive officerசவுதி அரேபியாஅரபு பெட்ரோலியம் முதலீடுகள் நிறுவனம்ஆற்றல் முதலீடு ஔட்‌லுக்முதலீடு ஔட்‌லுக்தலைமை நிர்வாகி அதிகாரி