Middle East Economic Survey

VOL. XLVII

No 28

12-July-2004

IEA To Call For Transparency And Standardization Of Reserves Estimation

The International Energy Agency (IEA) plans to call for greater transparency and a standardized approach worldwide for the reporting and estimation of oil and gas reserves. The appeal will be carried in the IEAs World Energy Outlook 2004, which is scheduled for publication at the end of October. The Outlook is an annual forecast of global energy industry supply and...