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"The energy transition can only be funded by big oil, as they are the only players who can balance the low returns of renewables projects with their high earning fossil fuel projects."
"The IOCs and NOCs, faced with production instability and uncertainties, shifted their focus from large-scale investment projects to maintaining and optimizing existing production capabilities."
"We are dedicated to stabilizing our evacuation strategy while simultaneously increasing production."
"Currently, we are constructing West Africa's largest LPG storage facility in Port Harcourt."

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Mexico Chemicals 2024

In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.

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