Published on : Apr 18, 2017
Albany, New York, April 18, 2017: Presently, the supply is more than the demand in the global oil sector as the Middle East countries show no signs of decreasing production. This has forced immediate attention to create functional storage, growing the oil storage industry exponentially. Market Research Hub (MRH) has included the latest study to its huge collection of research reports about the booming sector, and is titled as “Oil Storage Industry Outlook in Middle East to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals”. This evaluation introspects the sector by focusing on this evolving markets storage capacity and recent developments in terms of the most competitive regions. The remarkable study also explores the sector for the forecast period of 2017-2021.
Producers globally need to be prepared with storage areas and technology, to preserve huge volumes of fresh oil. Moreover, governments' aim to multiply oil reserves to prevent any economic crisis. Correspondingly, firstly the report describes the active storage terminals overview; and also mentions about the overview of planned storage terminals data as well as the storage operations. Furthermore, the study moves to the Middle East oil storage industry analysis. It is segmented into the following topics:
- Oil Storage Capacity by Top 5 Countries
- Planned Oil Storage Terminals
- Planned Oil Storage Capacity
- Annual Capital Expenditure Outlook for Planned Storage Terminals
- Annual Capital Expenditure Outlook for Planned Storage Terminals by Country
Secondly, the buyer can read about the top most active regions in the Middle East sector, such as United Arab Emirates. The section is segmented into these three portions that include:
- Storage Capacity
- Recent Developments
- Recent Contracts
Thirdly, the sector in Saudi Arabia is evaluated in terms of, storage capacity, recent developments. Alongside, recent contracts are also highlighted in this engaging report. Likewise, the report speaks about this prospective sector on the basis of the markets in the active regions. Some of the countries chosen for this study are Saudi Arabia and UAE.
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Lastly, the buyer can benefit from the knowledge on the study about the development trend in this industry. Correspondingly, crucial analysis of this sector's market trend is exposed. It also lists the forecast in terms of the market size of volume and value. The major players competing in this market are also included in this engrossing report.
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