Browse
related articles
Dependence on Opec oil to rise, says IEA
- Middle East: Sunday, September 05 - 2010 at 09:51
The International Energy Agency has said that worldwide reliance on the Organization of Petroleum Exporting Countries (Opec) for crude oil is expected to rise in the next five to 10 years as output by non-Opec nations falls, AFP has reported. "We have seen an increase in non-Opec supplies. But in the mid-term, non-Opec production will decline," Nobuo Tanaka, the agency's executive director, told reporters on the sidelines of a conference in New Delhi. "So dependency on Opec oil will increase," he said.
Related Content
Article Options
StaffSunday, September 05 - 2010 at 09:51 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
