The Monte Carlo method is a risk analysis technique that enables to evaluate all the possible outcomes of your certain decisions and assess the impact of risk.
DOING BUSINESS IN THE UAE
The United Arab Emirates (UAE) is a federation of seven different emirates (jurisdictions of rulers known as Emirs) which together comprise the third largest economy in the Middle East behind Saudi Arabia and Iran.
The natural gas market in Italy (2004)
Natural gas consumption has grown rapidly in Italy in the past decade. Italy produced 0.5 Tcf of natural gas in 2004, while consuming 2.8 Tcf. An increase in the construction of combined-cycle, gas-fired turbines has driven the increase in natural gas consumption.
Italy’s natural gas imports supplied 84 percent of the country’s domestic consumption in 2004, versus 59 percent in 1985. The largest sources of these imports in 2004 were Algeria (38 percent), Russia (32 percent), and the Netherlands (14 percent).