Middle East Economic Survey

VOL. XLVIII

No 9

28-February-2005

Totals Desmarest Calls For Greater Access To OPEC, Russian Oil And Gas Reserves

International oil companies must have better access to the oil and gas reserves in OPEC countries and in Russia if they are to continue to increase their output, Total CEO Thierry Desmarest said in an interview published in The Times on 21 February. He added that more investment was needed by OPEC nations to restore the margin between oil consumption and...