Saudi Arabia to require foreign energy companies to boost domestic input to 70%

Saudi Arabia to require foreign energy companies to boost domestic input to 70%
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14.10.2021

MOSCOW (MRC) -- Saudi Arabia will require foreign firms working in the energy sector, including petrochemicals and water desalination, to boost local input to at least 70% in order to secure government contracts, reported Reuters.Energy Minister Prince Abdulaziz bin Salman discussed the plan to increase domestic input with local and international energy executives at a gathering in the Ea

Full article at mrcplast.com

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