Dubai will decide on its multi-billon dollar energy investment strategy by the end of this year.
Dubai is likely to decide on its multi-billon dollar energy investment strategy, including possible investments abroad, by the end of this year, a senior official of the Gulf emirates supreme energy council said recently.
Bahrain to build 21 power plants in 2012
Bahrain will build 21 power plants across the country this year at a total cost of US$439mn, the countrys Energy Minister Dr Abdulhussain Mirza stated.
Iran could export as much as US$2 billion worth of electricity to the UAE, Qatar and Oman, a senior Iranian energy minister stated.
SEC plans to build a new oil fired power plant in Jeddah over the next four years.
Saudi Electricity Co (SEC) plans to build a new oil fired power plant in Jeddah over the next four years,? industry sources said.
Siemens has won a major order worth more than U$1 billion for Qurayyah power plant in Saudi.
Siemens has won a major order worth more than U$1 billion for Qurayyah combined cycle power plant (CCPP) in Saudi Arabia which will have an installed capacity of 4 GW.
