Will GCC Oil Capacity Expansion Meet Projections?

Middle East Economic Survey

VOL. XLIX

No 8

20-February-2006

GCC

Will GCC Oil Capacity Expansion Meet Projections?

The following article was written for Gulf in the Media, an Affiliate of the Gulf Research Center (GRC) in Dubai. Reprinted in MEES with GRC permission. Dr A F Alhajji is Associate Professor, Ohio Northern University and Gulf Energy Program Moderator at GRC.

In recent years, the IEA and EIA have predicted that oil production will almost double in the next two decades in the GCC…