Asian Chemical Connections
Member countries of the Gulf Cooperation Council (GCC) are divided over Qatar’s role as a major gas supplier in the Middle East going forward amid a political rift that could affect the region’s drive to grow its petrochemical capacity, industry sources said.
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE form the GCC – a regional union established in 1981 to foster greater economic cooperation among the six Middle Eastern countries.
INSIGHT: Asia Group I base oil arb depends on Group II prices
"Asian producers' ability to surf the tide and make some good money depends largely on how Group II prices behave."
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