Middle East Economic Survey

VOL. XLVIII

No 46

14-November-2005

REGIONAL/SUPPLY/DEMAND

IEAs World Energy Outlook 2005 Highlights Need For Timely MENA Investment

Launching the World Energy Outlook 2005 in London on 7 November, IEA Deputy Executive Director William C Ramsay warned: The importance of the Middle East and North Africa (MENA) to global oil and gas markets cannot be underestimated. These countries have vast resources, but these resources must be further developed. Investment should not be...