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This is a great piece! When you look at the large petroleum companies globally, do you think there will be a trend towards countries using their own national petroleum companies and building the full supply chain locally? (Ie. China, India, Indonesia all have their own oil companies vs. BP or Exxon)

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Thank you Daniel. We are already seeing the trend of national oil companies going further downstream, building major refineries and growing their petrochemicals production. Take a look at ADNOC in this space. I see this trend continuing.

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