Tuesday, December 11, 2007

According McKinsey...

...the GCC states (Gulf Cooperation Council) account for nearly a quarter of worldwide announced capacity expansions planned over the next five years.
-Natural gas costs much less in the Gulf region than in other markets.
-Structural advantages make aluminum production 30 percent cheaper in the Gulf than in China or Western Europe.

Its now waiting how Turkey will 'behave' as a transit country...
Here the report.

Day Opening - December 11

The former American Vice-President Al Gore and chairman Rajendra Pachauri of the Intergovernmental Panel for Climate Change (IPCC) received in Oslo the Nobel price for Peace.