The commercial industrial gases market in Kuwait is estimated to have generated revenues of $110 million in 2016. This is an increase from $53 million in 2006, indicating an average annual growth rate of 7.6% p.a.
Between 2065 and 2016 GDP grew by an average of 0.8% p.a., or 2.2% if adjusted for inflation. GDP growth has been largely positive over the last decade, however the country has been hit by two recessions in 2009, 2014-2016.
Report Data: 2018
Qatar has huge natural gas resources (predominantly the North Dome field in the Arabian/Persian Gulf) and initially built a reasonably sized petrochemical business off the back of ethane and methane availability. The Qatari Government was then focused on its natural gas opportunities and these have led to a number of ...
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