Middle East Economic Survey
VOL. LIII
No 23
7-Jun-2010
IEA Sees 2010 Energy Investment Still Down 10% On 2008
The global economic crisis has badly hit energy investment warns Trevor Morgan, Senior Energy Economist at the International Energy Agency (IEA). We have concerns, Mr Morgan told a conference in Bahrain on 31 May. We have seen a slump in investment along the whole energy supply chain. In nominal terms, 2009 global energy investment fell 19% from the previous year, and while investment...
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