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The Middle East is focusing on modernisation and expansion projects, while Africa is seeking to reduce its imports of refined products
Middle East takes control of oil supply chain
The region, known for its crude output, has gone from product importer to exporter, easing supply worries in Europe and creating a supply glut in Asia and elsewhere
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The region’s producers have their own specific goals and face drastically different challenges
Adnoc and Petronas sign exploration deal
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Another political false start in Kuwait
The opportunity offered by high oil prices to expand static oil and gas capacity is being squandered
PNZ gas project sparks Tehran’s ire
Kuwait and Saudi Arabia’s domestic scarcity has driven the formal revival of longstanding plans to tap the shared Dorra field
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Self-sufficiency targets and opportunities to shift to renewables are driving big upsurge in gas production
Bahrain Abu Dhabi Kuwait
Gerald Butt
10 October 2017
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Reflections on the Gulf

Based on personal memories, Gerald Butt evokes the atmosphere in the Gulf at the dawn of the oil boom era

The stench of oil in the air is one of the things I remember most vividly from my childhood. At the height of summer in Bahrain the discharge from the Sitra refinery seemed to hang like droplets in the intense humidity. The sour stench wouldn't go away—at home in Manama, in the car on the way to school, anywhere. Bahrain in the late-1950s was the hub of the Gulf oil industry, as it was for regional diplomacy, trade and finance. So while my father was manager of the British Bank of the Middle East (BBME) in Bahrain, he was in charge of all the branches in the Gulf. The Gulf in those days was emerging from the shadow of Britain's imperial past. Having been administered from British India, the

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