Kuwait-Mubasher: Equate is actively in the process of integrating with its subsidiary MEGlobal, said CEO of Equate Mohammad Husain.
The company is still executing its strategic plan set for 2020, with attention drawn to 2025, the CEO said on the sidelines of an oil and gas conference held Monday.
As the Middle East owns 40% of the global gas reserves, a comprehensive network of production and distribution is needed to guarantee a growth in the value-added from gas, the CEO added.
Husain noted that oil markets are facing a state of instability due to oversupply in line with a number of changes on the economic scene. He added that the meeting of oil producers in Doha will directly affect the market.
