2017 Spring Meeting and 13th Global Congress on Process Safety

(52c) the Journey Towards 2030, the Impact of the 2030 Vision and the 2020 Transformation Program on the Energy, Infrastructure and Other Projects in the Region

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Saudi Arabia and other Gulf countries announced their vision for 2030 being so ambitious and trying to have better future for next generations and prepare for the after oil ERA. How would this effect the oil and gas business and projects in the region? Will this mean more projects for the energy sector and petrochemicals or are countries moving away from there? How will the oil prices reaching near historical low in terms of constant dollars and oil producing countries having budget deficits effect the implementation of the vision? Will we see more fuel expansion projects? Renewables? Solar? Will infrastructure and housing projects have the highest priority?