Middle East Economic Survey

VOL. XLVII

No 45

8-November-2004

SUPPLY/DEMAND

IEA Projects Slowing Energy Demand Growth In World Energy Outlook 2004

The International Energy Agency (IEA) envisages energy demand growing at a slower annual rate in the next 30 years compared with the previous three decades, but warns that short-term risk to energy security will increase. In the World Energy Outlook 2004 (WEO 2004), published on 26 October, the IEA says: World primary energy demand in the reference...