Market Update - Oil & Gas: Mixed opportunities for MENA oil & gas
Source: Middle East Insurance Review | Jan 2013
The Middle East, the prime source of the world's hydrocarbon resources, has promising plans for upgrading and expanding the oil & gas infrastructure. However, weak investment markets, low loss ratio and availability of capacity point to a flat oil & gas insurance market in 2013, says Mr Kamal H Tabaja of Trust Re.
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