close
This ad will auto close in 10 seconds

Middle East needs to invest $18 bn on new pipelines

The Middle East will need to invest around USD 18 billion over the next five years in new pipelines and associated infrastructure to ensure a high volume to weight ratio, according to a global energy agency.

'Russia to raise oil exports to Belarus in 2014'

Russia has agreed to increase oil flows to Belarus in 2014, a media report here said Friday citing a Russian official.