New report sheds light on the algae biofuel prospects market: GCC industry analysis and opportunity assessment 2014 - 2020 scrutinized in new research

Algae was first discovered as a fuel alternative in 1978 under the leadership of US president Jimmy Carter at a time when fuel prices were high, demand was high, and supply was low and depleting at the same time, the costs of exploring fuel fields and carrying out oil refining procedures were exorbitantly high and continued to skyrocket.»