Carbon Capture and Storage in the Middle East
Article from: OGEL 1 (2009), in Middle East, Buy Back Contracts
As the region of the world with the greatest concentration of hydrocarbons, some may take the view that the Middle East is not the most obvious area within which to consider sustainable development designed to limit carbon dioxide ("CO2") emissions. However, the Third Summit of OPEC Heads of State held in Saudi Arabia in November 2007 placed the need to prevent climate change at the centre of its agenda and there is increasing interest across the Middle East in investments and technologies that will assist in global efforts to reduce GHG emissions. It is also important to ...